£244,492
This estimated value is based upon the latest sale price for the house of £190,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
Price Paid | Date |
---|---|
£190,000 | 26 May 2017 |
£115,000 | 18 May 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 652 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 May 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £190,000 results in an estimated price of approximately £244,492.
26 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £190,000 | £54,492 | £244,492 |
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 | 17.216 % | £32,710 | £222,710 |
3 Month Average | 0.368 % | £699 | £190,699 |
6 Month Average | 13.442 % | £25,539 | £215,539 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £304,508 | £300,000 | 4 WINDSOR WAY |
26 Jul 2023 | £274,697 | £271,000 | 56 SAVERNAKE ROAD |
31 Mar 2023 | £175,655 | £174,000 | 14 CHARNWOOD AVENUE |
31 Jan 2023 | £343,382 | £345,000 | 40 CHARNWOOD AVENUE |
12 Jul 2022 | £342,923 | £342,000 | 25 DELAMERE ROAD |
This house has a floor area of 60 sq meters or 652 sq feet when measured on 24 Feb 2012. Using an estimated price of £244,493 means this house is valued at £4,031 per sq meter (£374 per sq foot).
The average size of a house on SAVERNAKE ROAD is 81 sq meters (874 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (652 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Epping Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Epping Close |
Jan 2024 | Public order | Under investigation | On or near Epping Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Epping Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Savernake Road |