£236,462
This estimated value is based upon the latest sale price for the house of £172,000 on 24 Nov 2015. 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 |
---|---|
£172,000 | 24 Nov 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 478 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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 37.478%.Applying this 37.478% change to the original purchase price of £172,000 results in an estimated price of approximately £236,462.
24 Nov 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 146.7 | 37.478 % | £172,000 | £64,462 | £236,462 |
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 | -5.987 % | £-10,298 | £161,701 |
3 Month Average | 14.586 % | £25,087 | £197,087 |
6 Month Average | 28.488 % | £48,999 | £220,999 |
This house has a floor area of 44 sq meters or 478 sq feet when measured on 4 Nov 2011.
The average size of a house on BROOMFIELD ROAD is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Crescent |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Crescent |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Victoria Crescent |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Victoria Crescent |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |