£426,020
This estimated value is based upon the latest sale price for the house of £420,000 on 1 Jun 2022. 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 |
|---|---|
| £420,000 | 1 Jun 2022 |
| £180,000 | 16 Feb 2004 |
| Detached |
| Freehold |
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 2022 the House Price Index for ESSEX was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £420,000 results in an estimated price of approximately £426,020.
| 1 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £420,000 | £6,020 | £426,020 |
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 | -17.590 % | £-73,878 | £346,121 |
| 3 Month Average | -13.709 % | £-57,579 | £362,420 |
| 6 Month Average | -5.106 % | £-21,443 | £398,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £754,649 | £745,000 | 24 CANTERBURY WAY |
| 4 Aug 2023 | £302,648 | £300,000 | 169 KINGS ROAD |
| 1 Jun 2022 | £426,021 | £420,000 | SCHOOL HOUSE FOX CRESCENT |
| 30 May 2022 | £407,682 | £400,000 | 19 LICHFIELD CLOSE |
| 25 Feb 2022 | £183,522 | £175,000 | 172A KINGS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Fox Crescent | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fox Crescent |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fox Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fox Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Christy Avenue |