£552,616
This estimated value is based upon the latest sale price for the house of £450,000 on 4 Jun 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Fourth Avenue
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £450,000 | 4 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 June 2018 the House Price Index for ESSEX was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £450,000 results in an estimated price of approximately £552,616.
| 4 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £450,000 | £102,616 | £552,616 |
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 | -17.577 % | £-79,097 | £370,902 |
| 3 Month Average | 1.762 % | £7,929 | £457,929 |
| 6 Month Average | 6.321 % | £28,443 | £478,443 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 30 Jan 2018.
The average size of a house on THIRD AVENUE is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fourth Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fourth Avenue |
| Jan 2024 | Drugs | Under investigation | On or near Second Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Second Avenue |