£463,307
This estimated value is based upon the latest sale price for the house of £375,000 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Sports/Recreation Area
More crime details
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
Price Paid | Date |
---|---|
£375,000 | 7 Jun 2019 |
£328,000 | 31 Jan 2019 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 June 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £375,000 results in an estimated price of approximately £463,307.
7 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £375,000 | £88,307 | £463,307 |
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 | 15.464 % | £57,990 | £432,990 |
3 Month Average | -5.637 % | £-21,139 | £353,860 |
6 Month Average | 3.141 % | £11,780 | £386,780 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £551,683 | £545,000 | 82 LONGACRE |
31 Oct 2022 | £667,810 | £675,000 | 139 WRITTLE ROAD |
15 Jul 2022 | £421,134 | £420,000 | 62 LONGACRE |
25 Feb 2022 | £692,138 | £660,000 | 114 WRITTLE ROAD |
7 Jan 2022 | £517,785 | £492,000 | 49 LONGACRE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 12 Feb 2019. Using an estimated price of £463,308 means this house is valued at £4,826 per sq meter (£448 per sq foot).
The average size of a house on LONGACRE is 122 sq meters (1,320 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
Mar 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Milburn Crescent |
Feb 2024 | Anti-social behaviour | On or near Milburn Crescent | |
Feb 2024 | Anti-social behaviour | On or near Milburn Crescent |