£373,396
This estimated value is based upon the latest sale price for the house of £79,950 on 17 Jul 1998. 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 |
|---|---|
| £79,950 | 17 Jul 1998 |
| Semi-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 July 1998 the House Price Index for ESSEX was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £79,950 results in an estimated price of approximately £373,396.
| 17 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 367.038 % | £79,950 | £293,446 | £373,396 |
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 | 225.827 % | £180,548 | £260,498 |
| 3 Month Average | 306.314 % | £244,897 | £324,847 |
| 6 Month Average | 351.621 % | £281,120 | £361,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £391,856 | £385,000 | 7 LARCH GROVE |
| 1 Sep 2023 | £435,569 | £430,000 | 12 LARCH GROVE |
| 25 Jul 2023 | £339,570 | £335,000 | 6 LIME WALK |
| 14 Jul 2023 | £400,389 | £395,000 | 9 LIME WALK |
| 24 Apr 2023 | £404,354 | £400,000 | 4 LARCH GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplar Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Yew Tree Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cypress Drive |
| Mar 2024 | Anti-social behaviour | On or near Sawkins Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitethorn Gardens |