£327,404
This estimated value is based upon the latest sale price for the house of £265,000 on 18 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 3, 8 Kingsdale Business Centre, Regina Road, Chelmsford, CM1 1PE
Phone: 01245378661
| Price Paid | Date |
|---|---|
| £265,000 | 18 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 £265,000 results in an estimated price of approximately £327,404.
| 18 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £265,000 | £62,404 | £327,404 |
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 | 1.743 % | £4,619 | £269,619 |
| 3 Month Average | -2.438 % | £-6,459 | £258,540 |
| 6 Month Average | 9.627 % | £25,510 | £290,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Sep 2022 | £426,555 | £430,000 | 10 CHAUCER ROAD |
| 11 Mar 2022 | £189,636 | £183,000 | 98 BYRON ROAD |
| 11 Feb 2022 | £346,069 | £330,000 | 119 SPRINGFIELD PARK AVENUE |
| 23 Dec 2021 | £230,346 | £215,000 | 84 BYRON ROAD |
| 9 Dec 2021 | £203,562 | £190,000 | 137 SHELLEY ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Jan 2019. Using an estimated price of £327,404 means this house is valued at £3,851 per sq meter (£357 per sq foot).
The average size of a house on SHELLEY ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Byron Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Byron View |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chaucer Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Road |