£528,814
This estimated value is based upon the latest sale price for the house of £370,000 on 17 Aug 2015. 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 |
---|---|
£370,000 | 17 Aug 2015 |
£166,000 | 11 Aug 2000 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £370,000 results in an estimated price of approximately £528,814.
17 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £370,000 | £158,814 | £528,814 |
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 | -16.824 % | £-62,250 | £307,749 |
3 Month Average | 15.186 % | £56,189 | £426,189 |
6 Month Average | 33.383 % | £123,518 | £493,518 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £436,462 | £430,000 | 18 HILLARY CLOSE |
6 Sep 2023 | £769,843 | £760,000 | 168 ARBOUR LANE |
24 Feb 2023 | £408,225 | £408,500 | 91 ARBOUR LANE |
14 Feb 2023 | £474,681 | £475,000 | 105 ARBOUR LANE |
27 Jan 2023 | £423,007 | £425,000 | 142 ARBOUR LANE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 11 Sep 2012. Using an estimated price of £528,814 means this house is valued at £5,508 per sq meter (£511 per sq foot).
The average size of a house on ARBOUR LANE is 79 sq meters (852 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillary Close |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Acer Grove |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Acer Grove |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill View Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill View Road |