£373,444
This estimated value is based upon the latest sale price for the house of £298,000 on 23 Mar 2018. 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
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
Price Paid | Date |
---|---|
£298,000 | 23 Mar 2018 |
£205,000 | 1 Aug 2014 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 2018 the House Price Index for ESSEX was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £298,000 results in an estimated price of approximately £373,444.
23 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £298,000 | £75,444 | £373,444 |
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 | 17.188 % | £51,219 | £349,219 |
3 Month Average | -11.121 % | £-33,140 | £264,859 |
6 Month Average | -0.534 % | £-1,590 | £296,409 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £274,697 | £271,000 | 56 SAVERNAKE ROAD |
12 Jul 2022 | £342,923 | £342,000 | 25 DELAMERE ROAD |
6 Apr 2022 | £360,430 | £350,000 | 6 STANSTED CLOSE |
11 Feb 2022 | £330,339 | £315,000 | 30 STANSTED CLOSE |
11 Feb 2022 | £252,735 | £241,000 | 22 SAVERNAKE ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 14 Apr 2015. Using an estimated price of £373,445 means this house is valued at £3,772 per sq meter (£350 per sq foot).
The average size of a house on SAVERNAKE ROAD is 81 sq meters (874 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
Mar 2024 | Burglary | Under investigation | On or near Rossendale |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossendale |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rossendale |
Jan 2024 | Possession of weapons | Under investigation | On or near Rossendale |