£655,107
This estimated value is based upon the latest sale price for the house of £485,000 on 16 Mar 2016. 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 |
|---|---|
| £485,000 | 16 Mar 2016 |
| £407,500 | 26 Mar 2010 |
| £170,000 | 7 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £485,000 results in an estimated price of approximately £655,107.
| 16 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £485,000 | £170,107 | £655,107 |
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 | 33.569 % | £162,810 | £647,810 |
| 3 Month Average | 5.651 % | £27,407 | £512,407 |
| 6 Month Average | 24.244 % | £117,581 | £602,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £588,716 | £580,000 | 9 PARK AVENUE |
| 8 Aug 2023 | £479,192 | £475,000 | HUNTROYDE RAINSFORD ROAD |
| 21 Jul 2023 | £326,900 | £322,500 | 160 RAINSFORD ROAD |
| 6 Jan 2023 | £714,136 | £717,500 | 117B RAINSFORD ROAD |
| 20 Aug 2021 | £429,512 | £385,000 | 38 PARK AVENUE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 20 Nov 2019. Using an estimated price of £655,108 means this house is valued at £5,551 per sq meter (£515 per sq foot).
The average size of a house on RAINSFORD ROAD is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richardson Place |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rainsford Avenue |