£426,555
This estimated value is based upon the latest sale price for the house of £430,000 on 23 Sep 2022. 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 |
|---|---|
| £430,000 | 23 Sep 2022 |
| £332,000 | 29 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 September 2022 the House Price Index for ESSEX was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £430,000 results in an estimated price of approximately £426,555.
| 23 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £430,000 | £-3,444 | £426,555 |
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 | -12.935 % | £-55,621 | £374,378 |
| 3 Month Average | -15.758 % | £-67,760 | £362,239 |
| 6 Month Average | -8.848 % | £-38,044 | £391,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £212,575 | £210,000 | 10 STONHAM PLACE CHELMER ROAD |
| 31 Jan 2023 | £379,214 | £381,000 | 14 SHELLEY ROAD |
| 23 Sep 2022 | £426,555 | £430,000 | 10 CHAUCER ROAD |
| 15 Mar 2022 | £357,510 | £345,000 | 16 CHAUCER ROAD |
| 11 Mar 2022 | £189,636 | £183,000 | 98 BYRON ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 8 Jan 2018. Using an estimated price of £426,555 means this house is valued at £7,109 per sq meter (£660 per sq foot).
The average size of a house on CHAUCER ROAD is 117 sq meters (1,264 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chaucer Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Road |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Chaucer Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Chaucer Road |