£267,109
This estimated value is based upon the latest sale price for the house of £200,000 on 24 Jun 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 |
|---|---|
| £200,000 | 24 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £200,000 results in an estimated price of approximately £267,109.
| 24 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £200,000 | £67,109 | £267,109 |
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 | 28.880 % | £57,759 | £257,759 |
| 3 Month Average | 6.598 % | £13,196 | £213,196 |
| 6 Month Average | 18.648 % | £37,295 | £237,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £210,137 | £207,450 | 23 LYTTLETON HOUSE, 64 BROOMFIELD ROAD |
| 22 Feb 2023 | £299,798 | £300,000 | 5 KRESTON HOUSE, 66 BROOMFIELD ROAD |
| 1 Nov 2021 | £232,525 | £215,000 | 8 KRESTON HOUSE, 66 BROOMFIELD ROAD |
| 22 Dec 2020 | £252,497 | £220,000 | 7 LYTTLETON HOUSE, 64 BROOMFIELD ROAD |
| 15 Dec 2020 | £401,700 | £350,000 | 12 VICTORIA CRESCENT |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 Jul 2009. Using an estimated price of £267,110 means this house is valued at £4,109 per sq meter (£381 per sq foot).
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 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |