£342,172
This estimated value is based upon the latest sale price for the house of £330,000 on 1 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
| Price Paid | Date |
|---|---|
| £330,000 | 1 Nov 2023 |
| £176,000 | 1 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 917 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 November 2023 the House Price Index for ESSEX was 97.6.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 3.689%.Applying this 3.689% change to the original purchase price of £330,000 results in an estimated price of approximately £342,172.
| 1 Nov 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.6 | 101.2 | 3.689 % | £330,000 | £12,172 | £342,172 |
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 | 2.123 % | £7,004 | £337,004 |
| 3 Month Average | 3.913 % | £12,912 | £342,912 |
| 6 Month Average | -0.397 % | £-1,308 | £328,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £296,145 | £290,000 | 190 DORSET AVENUE |
| 18 Dec 2023 | £265,767 | £255,000 | 48 MONTFORT DRIVE |
| 1 Nov 2023 | £342,172 | £330,000 | 130 DORSET AVENUE |
| 20 Apr 2023 | £200,142 | £195,000 | 146 DORSET AVENUE |
| 31 Mar 2023 | £297,345 | £290,000 | 18 PEARL SQUARE |
This house has a floor area of 85 sq meters or 917 sq feet when measured on 25 Jul 2011. Using an estimated price of £342,172 means this house is valued at £4,013 per sq meter (£372 per sq foot).
The average size of a house on DORSET AVENUE is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorset Avenue |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorset Avenue |
| Nov 2024 | Public order | Investigation complete; no suspect identified | On or near Dorset Avenue |
| Nov 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Dorset Avenue |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Dorset Avenue |