£163,115
This estimated value is based upon the latest sale price for the house of £81,995 on 26 May 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
| Price Paid | Date |
|---|---|
| £81,995 | 26 May 2004 |
| £52,500 | 31 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 2004 the House Price Index for ESSEX was 73.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 98.933%.Applying this 98.933% change to the original purchase price of £81,995 results in an estimated price of approximately £163,115.
| 26 May 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 146.7 | 98.933 % | £81,995 | £81,120 | £163,115 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 66.278 % | £54,344 | £136,339 |
| 3 Month Average | 73.024 % | £59,876 | £141,871 |
| 6 Month Average | 87.612 % | £71,837 | £153,832 |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 4 Jul 2017.
The average size of a house on HEYCROFT WAY is 58 sq meters (625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Heycroft Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heycroft Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Heycroft Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Heycroft Way |
| Feb 2024 | Drugs | Local resolution | On or near The Westerings |