£458,296
This estimated value is based upon the latest sale price for the house of £270,000 on 13 Apr 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
Price Paid | Date |
---|---|
£270,000 | 13 Apr 2010 |
£247,500 | 18 Jul 2006 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,234 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 April 2010 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £270,000 results in an estimated price of approximately £458,296.
13 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.740 % | £270,000 | £188,296 | £458,296 |
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 | 84.320 % | £227,663 | £497,663 |
3 Month Average | 47.548 % | £128,380 | £398,380 |
6 Month Average | 64.257 % | £173,494 | £443,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2023 | £343,234 | £340,000 | 21 COTSWOLD CRESCENT |
14 Feb 2023 | £369,751 | £370,000 | 71 PICKWICK AVENUE |
7 Mar 2022 | £487,043 | £470,000 | 200 CHIGNAL ROAD |
14 Feb 2022 | £326,144 | £311,000 | 33 COTSWOLD CRESCENT |
9 Feb 2022 | £419,478 | £400,000 | 24 MENDIP ROAD |
This house has a floor area of 114 sq meters or 1,234 sq feet when measured on 13 Aug 2009. Using an estimated price of £458,297 means this house is valued at £3,996 per sq meter (£371 per sq foot).
The average size of a house on PICKWICK AVENUE is 92 sq meters (998 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cotswold Crescent |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cotswold Crescent |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cotswold Crescent |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Crescent |
Mar 2024 | Burglary | Under investigation | On or near Mashbury Road |