£382,547
This estimated value is based upon the latest sale price for the house of £261,500 on 1 Jun 2015. 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 |
|---|---|
| £261,500 | 1 Jun 2015 |
| £171,500 | 21 Aug 2008 |
| £180,000 | 29 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2015 the House Price Index for ESSEX was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £261,500 results in an estimated price of approximately £382,547.
| 1 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £261,500 | £121,047 | £382,547 |
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 | 36.308 % | £94,944 | £356,444 |
| 3 Month Average | 37.157 % | £97,164 | £358,664 |
| 6 Month Average | 31.850 % | £83,288 | £344,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2024 | £310,000 | £310,000 | 16 PENNINE ROAD |
| 6 Jun 2024 | £300,000 | £300,000 | 5 CHEVIOT DRIVE |
| 14 Sep 2023 | £166,674 | £163,000 | 1 CHILTERN CLOSE |
| 10 Mar 2023 | £310,180 | £305,000 | 125 MELBOURNE AVENUE |
| 1 Mar 2023 | £330,520 | £325,000 | 6 PENNINE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Jul 2014. Using an estimated price of £382,548 means this house is valued at £4,397 per sq meter (£408 per sq foot).
The average size of a house on BEAUMONT WALK is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chiltern Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chiltern Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chiltern Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Homefield Close |
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Homefield Close |