£340,928
This estimated value is based upon the latest sale price for the house of £215,000 on 31 Mar 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
| Price Paid | Date |
|---|---|
| £215,000 | 31 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 March 2014 the House Price Index for ESSEX was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £215,000 results in an estimated price of approximately £340,928.
| 31 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £215,000 | £125,928 | £340,928 |
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 | 57.606 % | £123,852 | £338,852 |
| 3 Month Average | 60.955 % | £131,052 | £346,052 |
| 6 Month Average | 56.608 % | £121,707 | £336,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £750,000 | £750,000 | 58 WRITTLE ROAD |
| 25 Apr 2023 | £285,337 | £280,000 | 49 WATERHOUSE LANE |
| 9 Sep 2022 | £354,763 | £355,000 | 49 WRITTLE ROAD |
| 1 Sep 2022 | £384,743 | £385,000 | 56 WRITTLE ROAD |
| 6 Apr 2022 | £369,478 | £356,150 | 73 WRITTLE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 16 Jan 2014. Using an estimated price of £340,929 means this house is valued at £4,941 per sq meter (£459 per sq foot).
The average size of a house on WRITTLE ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Possession of weapons | Under investigation | On or near Writtle Road |
| Oct 2024 | Anti-social behaviour | On or near Writtle Road | |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Writtle Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Writtle Road |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Writtle Road |