£186,486
This estimated value is based upon the latest sale price for the house of £179,495 on 28 Jan 2022. 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 |
|---|---|
| £179,495 | 28 Jan 2022 |
| £161,000 | 3 May 2019 |
| £122,000 | 20 Jun 2014 |
| £112,000 | 2 May 2012 |
| £128,000 | 16 Jun 2006 |
| £121,000 | 7 May 2004 |
| £113,000 | 29 Aug 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £179,495 results in an estimated price of approximately £186,486.
| 28 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £179,495 | £6,991 | £186,486 |
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 | -38.809 % | £-69,659 | £109,835 |
| 3 Month Average | -7.164 % | £-12,858 | £166,636 |
| 6 Month Average | 2.771 % | £4,972 | £184,467 |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 21 Sep 2021.
The average size of a house on PARKINSON DRIVE is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkinson Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkinson Drive |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Parkinson Drive |