£529,423
This estimated value is based upon the latest sale price for the house of £310,000 on 30 Sep 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Longleat Close
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £310,000 | 30 Sep 2010 |
| £195,000 | 21 Sep 2004 |
| £76,000 | 30 Sep 1998 |
| £64,950 | 31 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,507 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 September 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £310,000 results in an estimated price of approximately £529,423.
| 30 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £310,000 | £219,423 | £529,423 |
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 | 57.823 % | £179,250 | £489,250 |
| 3 Month Average | 65.811 % | £204,014 | £514,014 |
| 6 Month Average | 61.337 % | £190,144 | £500,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £525,000 | £525,000 | 130 PATCHING HALL LANE |
| 20 Nov 2023 | £215,469 | £210,000 | 149 WOODHALL ROAD |
| 17 Nov 2023 | £571,507 | £557,000 | 113 PATCHING HALL LANE |
| 28 Sep 2023 | £1,216,824 | £1,190,000 | 108 PATCHING HALL LANE |
| 1 Nov 2022 | £137,358 | £138,000 | 139 WOODHALL ROAD |
This house has a floor area of 140 sq meters or 1,507 sq feet when measured on 24 Mar 2010. Using an estimated price of £529,424 means this house is valued at £3,780 per sq meter (£351 per sq foot).
The average size of a house on PATCHING HALL LANE is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Longleat Close |
| Sep 2024 | Other theft | Under investigation | On or near Norfolk Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Leys |
| Jul 2024 | Anti-social behaviour | On or near Wood Leys | |
| Jul 2024 | Anti-social behaviour | On or near Wood Leys |