£590,320
This estimated value is based upon the latest sale price for the house of £410,000 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £410,000 | 7 Aug 2015 |
| £271,000 | 15 Sep 2006 |
| £197,000 | 12 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 August 2015 the House Price Index for ESSEX was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £410,000 results in an estimated price of approximately £590,320.
| 7 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £410,000 | £180,320 | £590,320 |
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 | 29.972 % | £122,884 | £532,884 |
| 3 Month Average | 27.657 % | £113,394 | £523,394 |
| 6 Month Average | 30.240 % | £123,984 | £533,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £477,334 | £470,000 | 8 COVAL AVENUE |
| 20 Dec 2023 | £361,096 | £350,000 | 55 RAINSFORD LANE |
| 21 Aug 2023 | £430,769 | £423,000 | 57 COVAL LANE |
| 31 Aug 2022 | £253,686 | £252,500 | 7 WICKS PLACE |
| 10 Aug 2022 | £517,419 | £515,000 | 6 TUDOR AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 14 Apr 2015. Using an estimated price of £590,321 means this house is valued at £5,270 per sq meter (£489 per sq foot).
The average size of a house on NORTON ROAD is 103 sq meters (1,110 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Norton Road | |
| Sep 2024 | Anti-social behaviour | On or near Norton Road | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coval Avenue |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Coval Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coval Avenue |