£281,402
This estimated value is based upon the latest sale price for the house of £230,000 on 26 Feb 2020. 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 |
---|---|
£230,000 | 26 Feb 2020 |
£260,000 | 27 Sep 2019 |
£141,000 | 16 Dec 2003 |
£122,000 | 29 Jul 2002 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £230,000 results in an estimated price of approximately £281,402.
26 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £230,000 | £51,402 | £281,402 |
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 | -24.973 % | £-57,438 | £172,561 |
3 Month Average | -8.823 % | £-20,293 | £209,706 |
6 Month Average | 14.506 % | £33,362 | £263,362 |
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 63 sq meters or 678 sq feet when measured on 17 Sep 2019. Using an estimated price of £281,403 means this house is valued at £4,466 per sq meter (£414 per sq foot).
The average size of a house on LIME WALK is 84 sq meters (909 sq feet).
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 |