£410,739
This estimated value is based upon the latest sale price for the house of £110,000 on 19 May 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 3, 8 Kingsdale Business Centre, Regina Road, Chelmsford, CM1 1PE
Phone: 01245378661
| Price Paid | Date |
|---|---|
| £110,000 | 19 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 566 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 May 2000 the House Price Index for ESSEX was 39.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 273.400%.Applying this 273.400% change to the original purchase price of £110,000 results in an estimated price of approximately £410,739.
| 19 May 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 146.7 | 273.400 % | £110,000 | £300,739 | £410,739 |
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 | 145.115 % | £159,626 | £269,626 |
| 3 Month Average | 244.774 % | £269,250 | £379,250 |
| 6 Month Average | 285.425 % | £313,967 | £423,967 |
This house has a floor area of 52 sq meters or 566 sq feet when measured on 2 Aug 2010.
The average size of a house on ARBOUR LANE is 79 sq meters (852 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Court |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Randulph Terrace |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Randulph Terrace |