£218,756
This estimated value is based upon the latest sale price for the house of £170,000 on 9 May 2017. 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 |
---|---|
£170,000 | 9 May 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 May 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £170,000 results in an estimated price of approximately £218,756.
9 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £170,000 | £48,756 | £218,756 |
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 | 17.216 % | £29,267 | £199,267 |
3 Month Average | 0.368 % | £625 | £170,625 |
6 Month Average | 13.442 % | £22,851 | £192,851 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £310,000 | £310,000 | 25 DIXON AVENUE |
1 Feb 2023 | £174,882 | £175,000 | FLAT 5 42 EASTERN CRESCENT |
25 Jan 2023 | £253,804 | £255,000 | 96 KINGS ROAD |
13 Apr 2022 | £319,238 | £310,000 | 37 DIXON AVENUE |
29 Mar 2022 | £362,692 | £350,000 | 36 DIXON AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 16 Nov 2016. Using an estimated price of £218,756 means this house is valued at £3,906 per sq meter (£362 per sq foot).
The average size of a house on KINGS ROAD is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kings Road |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Kings Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kings Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Road |
Jan 2024 | Anti-social behaviour | On or near Kings Road |