£937,853
This estimated value is based upon the latest sale price for the house of £950,000 on 3 Feb 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £950,000 | 3 Feb 2023 |
| £570,000 | 28 Sep 2012 |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 February 2023 the House Price Index for ESSEX was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £950,000 results in an estimated price of approximately £937,853.
| 3 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £950,000 | £-12,146 | £937,853 |
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 | -36.557 % | £-347,289 | £602,710 |
| 3 Month Average | -20.110 % | £-191,040 | £758,959 |
| 6 Month Average | -12.334 % | £-117,170 | £832,829 |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 2 Dec 2016.
The average size of a house on NANCY EDWARDS PLACE is 182 sq meters (1,959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near St Fabian'S Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near St Fabian'S Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Fabian'S Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near St Fabian'S Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Canterbury Way |