£304,523
This estimated value is based upon the latest sale price for the house of £246,500 on 8 Mar 2019. 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 |
---|---|
£246,500 | 8 Mar 2019 |
£172,000 | 4 Nov 2013 |
£59,995 | 27 Jan 1999 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 March 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 23.539%.Applying this 23.539% change to the original purchase price of £246,500 results in an estimated price of approximately £304,523.
8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £246,500 | £58,023 | £304,523 |
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 | -18.921 % | £-46,639 | £199,860 |
3 Month Average | 0.293 % | £722 | £247,222 |
6 Month Average | 8.168 % | £20,135 | £266,635 |
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 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 14 Aug 2019. Using an estimated price of £304,523 means this house is valued at £5,536 per sq meter (£514 per sq foot).
The average size of a house on LIME WALK is 84 sq meters (909 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplar Close |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Larch Grove |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Honey 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 |