£272,858
This estimated value is based upon the latest sale price for the house of £177,500 on 7 Apr 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £177,500 | 7 Apr 2014 |
| £55,500 | 31 Jul 1998 |
| £40,000 | 28 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in April 2014 the House Price Index for ESSEX was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £177,500 results in an estimated price of approximately £272,858.
| 7 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 146.7 | 53.723 % | £177,500 | £95,358 | £272,858 |
The Postcode Pricing Model uses changes in average sales price within the CM1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -12.693 % | £-22,529 | £154,970 |
| 3 Month Average | 33.828 % | £60,044 | £237,544 |
| 6 Month Average | 58.287 % | £103,460 | £280,960 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 13 Sep 2019.
The average size of a house on COVAL LANE is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Coval Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hardy Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Hardy Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardy Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardy Close |