£82,000
This estimated value is based upon the latest sale price for the house of £82,000 on 19 Mar 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Imperial House, Cottage Place, Victoria Road, Chelmsford, CM1 1NY
Phone: 01245679863
Price Paid | Date |
---|---|
£82,000 | 19 Mar 2024 |
£120,000 | 31 Jul 2018 |
£90,000 | 9 Dec 2002 |
£49,500 | 30 Oct 1998 |
£32,000 | 20 Jun 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 2024 the House Price Index for ESSEX was 148.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £82,000 results in an estimated price of approximately £82,000.
19 Mar 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.6 | 148.6 | 0.000 % | £82,000 | £0 | £82,000 |
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 | 67.521 % | £55,367 | £137,367 |
3 Month Average | -4.330 % | £-3,550 | £78,449 |
6 Month Average | -3.008 % | £-2,466 | £79,533 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £178,500 | £178,500 | 30 VICTORIA COURT |
19 Mar 2024 | £82,000 | £82,000 | 214 HAVENCOURT VICTORIA ROAD |
6 Dec 2023 | £97,710 | £96,000 | 7 HILL COURT VICTORIA ROAD |
24 Feb 2023 | £599,597 | £600,000 | 4 VICTORIA COURT |
25 Nov 2022 | £272,697 | £276,000 | 124 VICTORIA COURT |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 3 May 2018. Using an estimated price of £82,000 means this house is valued at £1,673 per sq meter (£155 per sq foot).
The average size of a house on VICTORIA ROAD is 58 sq meters (634 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |