£691,563
This estimated value is based upon the latest sale price for the house of £555,000 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Tindal House, Tindal Square, Chelmsford, CM1 1EH
Phone: 01245409112
Price Paid | Date |
---|---|
£555,000 | 3 Aug 2018 |
£485,000 | 17 Jul 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 102 sq meters or 1,097 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 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £555,000 results in an estimated price of approximately £691,563.
3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £555,000 | £136,563 | £691,563 |
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 | -0.413 % | £-2,294 | £552,705 |
3 Month Average | 15.394 % | £85,437 | £640,437 |
6 Month Average | 14.095 % | £78,227 | £633,227 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2024 | £400,000 | £400,000 | 65 VICTORIA ROAD |
22 Sep 2023 | £219,846 | £215,000 | 51 BOND STREET |
18 Sep 2023 | £255,635 | £250,000 | UNIT E 22 VICTORIA ROAD |
30 Jun 2023 | £392,873 | £385,000 | 89 BOND STREET |
27 Mar 2023 | £18,536,588 | £18,227,025 | 47 - 53 SPRINGFIELD ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 25 Apr 2018. Using an estimated price of £691,563 means this house is valued at £6,780 per sq meter (£629 per sq foot).
The average size of a house on BOND STREET is 69 sq meters (743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Under investigation | On or near Parking Area |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Parking Area |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |