£379,028
This estimated value is based upon the latest sale price for the house of £355,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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72-74 Duke Street, Chelmsford,, CM1 1JY
Phone: 01245679842
| Price Paid | Date |
|---|---|
| £355,000 | 19 Nov 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £355,000 results in an estimated price of approximately £379,028.
| 19 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £355,000 | £24,028 | £379,028 |
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 | -44.870 % | £-159,289 | £195,710 |
| 3 Month Average | -8.823 % | £-31,322 | £323,677 |
| 6 Month Average | -2.531 % | £-8,984 | £346,015 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 19 Mar 2018.
The average size of a house on BURGESS SPRINGS is 64 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Road South |
| Mar 2024 | Theft from the person | Unable to prosecute suspect | On or near Victoria Road South |
| Mar 2024 | Drugs | Local resolution | On or near Victoria Road South |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Victoria Road South |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Victoria Road South |