£251,803
This estimated value is based upon the latest sale price for the house of £210,000 on 17 Aug 2020. 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 |
|---|---|
| £210,000 | 17 Aug 2020 |
| £210,000 | 17 Aug 2020 |
| £215,000 | 1 Sep 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 August 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £210,000 results in an estimated price of approximately £251,803.
| 17 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £210,000 | £41,803 | £251,803 |
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 | 8.963 % | £18,821 | £228,821 |
| 3 Month Average | -6.664 % | £-13,993 | £196,006 |
| 6 Month Average | 9.706 % | £20,382 | £230,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £210,137 | £207,450 | 23 LYTTLETON HOUSE, 64 BROOMFIELD ROAD |
| 13 Apr 2023 | £924,959 | £915,000 | RADIO HOUSE, 31 GLEBE ROAD |
| 22 Feb 2023 | £299,798 | £300,000 | 5 KRESTON HOUSE, 66 BROOMFIELD ROAD |
| 28 Nov 2022 | £222,307 | £225,000 | FLAT 7 16 GLEBE ROAD |
| 29 Sep 2022 | £208,318 | £210,000 | FLAT 8 16 GLEBE ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 14 Jul 2016. Using an estimated price of £251,804 means this house is valued at £5,595 per sq meter (£519 per sq foot).
The average size of a house on BROOMFIELD ROAD is 70 sq meters (756 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 | Under investigation | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Public order | Under investigation | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |