£371,330
This estimated value is based upon the latest sale price for the house of £155,000 on 4 Apr 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £155,000 | 4 Apr 2003 |
| £99,000 | 24 Nov 2000 |
| Semi-Detached |
| Freehold |
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 April 2003 the House Price Index for ESSEX was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £155,000 results in an estimated price of approximately £371,330.
| 4 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 148.6 | 139.568 % | £155,000 | £216,330 | £371,330 |
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 | 40.192 % | £62,297 | £217,297 |
| 3 Month Average | 99.944 % | £154,913 | £309,913 |
| 6 Month Average | 120.726 % | £187,124 | £342,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £340,034 | £335,000 | 89 PINES ROAD |
| 24 Jul 2023 | £278,752 | £275,000 | 42 PINES ROAD |
| 8 Sep 2022 | £381,916 | £385,000 | 121 PINES ROAD |
| 22 Aug 2022 | £388,953 | £390,000 | 95 MELBOURNE AVENUE |
| 10 Mar 2022 | £424,868 | £410,000 | 66 PINES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wellington Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wellington Close |
| Mar 2024 | Anti-social behaviour | On or near Pines Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pines Road |