£387,031
This estimated value is based upon the latest sale price for the house of £71,750 on 11 Dec 1996. 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 |
---|---|
£71,750 | 11 Dec 1996 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,290 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 December 1996 the House Price Index for ESSEX was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £71,750 results in an estimated price of approximately £387,031.
11 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.5 | 148.6 | 439.417 % | £71,750 | £315,281 | £387,031 |
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 | 330.754 % | £237,315 | £309,065 |
3 Month Average | 409.788 % | £294,022 | £365,772 |
6 Month Average | 446.475 % | £320,345 | £392,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £284,986 | £280,000 | 17 LOFTIN WAY |
17 Nov 2023 | £492,288 | £485,000 | 10 GROSVENOR CLOSE |
3 Nov 2023 | £441,537 | £435,000 | 25 LOFTIN WAY |
1 Aug 2022 | £498,658 | £500,000 | 3 ROSSETER CLOSE |
20 Jul 2022 | £250,675 | £250,000 | 52 LOFTIN WAY |
This house has a floor area of 119 sq meters or 1,290 sq feet when measured on 21 Sep 2011. Using an estimated price of £387,031 means this house is valued at £3,227 per sq meter (£299 per sq foot).
The average size of a house on GROSVENOR CLOSE is 100 sq meters (1,083 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,290 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Grosvenor Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Loftin Way |
Mar 2024 | Robbery | Under investigation | On or near Rosseter Close |
Jan 2024 | Anti-social behaviour | On or near Rosseter Close | |
Jan 2024 | Anti-social behaviour | On or near Rosseter Close |