£225,892
This estimated value is based upon the latest sale price for the house of £51,000 on 28 May 1999. 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 |
---|---|
£51,000 | 28 May 1999 |
£40,000 | 25 Apr 1997 |
£36,500 | 11 Feb 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 488 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 1999 the House Price Index for ESSEX was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £51,000 results in an estimated price of approximately £225,892.
28 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.5 | 148.6 | 342.927 % | £51,000 | £174,892 | £225,892 |
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 | 378.215 % | £192,889 | £243,889 |
3 Month Average | 285.664 % | £145,688 | £196,688 |
6 Month Average | 342.868 % | £174,862 | £225,862 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £356,233 | £350,000 | 55 RAINSFORD LANE |
3 Jul 2023 | £233,138 | £230,000 | 15 ALMA DRIVE |
16 Sep 2022 | £211,294 | £213,000 | 10A ALMA DRIVE |
1 Aug 2022 | £413,886 | £415,000 | 12 ALMA DRIVE |
7 Jun 2022 | £405,734 | £400,000 | 65 RAINSFORD LANE |
This house has a floor area of 45 sq meters or 488 sq feet when measured on 9 Sep 2010. Using an estimated price of £225,893 means this house is valued at £4,980 per sq meter (£462 per sq foot).
The average size of a house on ALMA DRIVE is 80 sq meters (862 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (488 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Alma Drive |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Alma Drive |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elgin Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hardy Close |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Hardy Close |