£453,231
This estimated value is based upon the latest sale price for the house of £290,000 on 30 Nov 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £290,000 | 30 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
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 2007 the House Price Index for ESSEX was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £290,000 results in an estimated price of approximately £453,231.
| 30 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £290,000 | £163,231 | £453,231 |
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 | 83.793 % | £242,998 | £532,998 |
| 3 Month Average | 71.832 % | £208,312 | £498,312 |
| 6 Month Average | 60.611 % | £175,772 | £465,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £249,500 | £245,000 | FLAT 29 WELLS CRESCENT MARCONI PLAZA |
| 24 Sep 2021 | £341,954 | £315,000 | FLAT 1 WELLS CRESCENT MARCONI PLAZA |
| 12 Jun 2020 | £256,196 | £210,000 | FLAT 40 WELLS CRESCENT MARCONI PLAZA |
| 12 Dec 2019 | £247,169 | £200,000 | FLAT 51 WELLS CRESCENT MARCONI PLAZA |
| 8 Nov 2019 | £222,394 | £180,000 | FLAT 23 WELLS CRESCENT MARCONI PLAZA |