£182,946
This estimated value is based upon the latest sale price for the house of £147,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £147,000 | 29 Mar 2019 |
| £102,000 | 24 Feb 2010 |
| £25,000 | 15 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £147,000 results in an estimated price of approximately £182,946.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £147,000 | £35,946 | £182,946 |
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 | 5.851 % | £8,600 | £155,600 |
| 3 Month Average | 5.575 % | £8,194 | £155,194 |
| 6 Month Average | 2.607 % | £3,832 | £150,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £305,420 | £305,420 | 16 WARWICK SQUARE |
| 6 Mar 2024 | £330,071 | £325,000 | 26B TOWER AVENUE |
| 13 Dec 2023 | £510,693 | £495,000 | 23 TOWER AVENUE |
| 9 Nov 2023 | £595,106 | £580,000 | 9 PARK AVENUE |
| 4 Aug 2023 | £305,510 | £300,000 | 169 KINGS ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 24 Nov 2018. Using an estimated price of £182,946 means this house is valued at £4,690 per sq meter (£435 per sq foot).
The average size of a house on KINGS ROAD is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Warwick Square |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Warwick Square |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Warwick Square |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Warwick Square |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Warwick Square |