£271,269
This estimated value is based upon the latest sale price for the house of £158,500 on 6 Dec 2010. 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 |
---|---|
£158,500 | 6 Dec 2010 |
£89,995 | 16 Nov 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 December 2010 the House Price Index for ESSEX was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £158,500 results in an estimated price of approximately £271,269.
6 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.8 | 148.6 | 71.148 % | £158,500 | £112,769 | £271,269 |
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 | 14.625 % | £23,180 | £181,680 |
3 Month Average | 36.329 % | £57,580 | £216,080 |
6 Month Average | 49.764 % | £78,876 | £237,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £390,786 | £385,000 | 9 ARBOUR LANE |
10 Nov 2023 | £842,473 | £830,000 | 61 ARBOUR LANE |
6 Sep 2023 | £405,181 | £400,000 | 18 ARBOUR LANE |
5 Aug 2022 | £433,832 | £435,000 | 12 REGENCY CLOSE |
27 May 2022 | £270,089 | £265,000 | 2 SANDFORD COURT SANDFORD ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 Mar 2015. Using an estimated price of £271,270 means this house is valued at £3,875 per sq meter (£360 per sq foot).
The average size of a house on REGENCY CLOSE is 103 sq meters (1,114 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Prison |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Prison |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Prison |