£280,684
This estimated value is based upon the latest sale price for the house of £195,000 on 28 Jul 2015. 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 |
---|---|
£195,000 | 28 Jul 2015 |
£125,000 | 23 Apr 2009 |
£143,000 | 26 May 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 July 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £195,000 results in an estimated price of approximately £280,684.
28 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £195,000 | £85,684 | £280,684 |
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 | -12.013 % | £-23,425 | £171,574 |
3 Month Average | 12.735 % | £24,832 | £219,832 |
6 Month Average | 25.648 % | £50,014 | £245,014 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £842,473 | £830,000 | 61 ARBOUR LANE |
10 Nov 2023 | £390,786 | £385,000 | 9 ARBOUR LANE |
6 Sep 2023 | £405,181 | £400,000 | 18 ARBOUR LANE |
5 Aug 2022 | £433,832 | £435,000 | 12 REGENCY CLOSE |
27 May 2022 | £270,089 | £265,000 | 2 SANDFORD COURT SANDFORD ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 23 Apr 2010. Using an estimated price of £280,684 means this house is valued at £3,949 per sq meter (£366 per sq foot).
The average size of a house on REGENCY CLOSE is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Randulph Terrace |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Randulph Terrace |
Mar 2024 | Other crime | Under investigation | On or near Prison |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Prison |
Mar 2024 | Other crime | Under investigation | On or near Prison |