£391,989
This estimated value is based upon the latest sale price for the house of £315,000 on 8 Feb 2019. 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 |
|---|---|
| £315,000 | 8 Feb 2019 |
| £87,000 | 23 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 February 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 24.441%.Applying this 24.441% change to the original purchase price of £315,000 results in an estimated price of approximately £391,989.
| 8 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £315,000 | £76,989 | £391,989 |
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 | -7.204 % | £-22,691 | £292,308 |
| 3 Month Average | 12.312 % | £38,782 | £353,782 |
| 6 Month Average | 4.214 % | £13,272 | £328,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £332,891 | £330,000 | 47 SPALDING AVENUE |
| 6 Nov 2023 | £384,767 | £375,000 | 48 LANGTON AVENUE |
| 30 Jun 2023 | £306,135 | £300,000 | 146 WEST AVENUE |
| 2 Jun 2023 | £382,669 | £375,000 | 20 LANGTON AVENUE |
| 17 Mar 2023 | £335,605 | £330,000 | 74 LANGTON AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 10 Mar 2018. Using an estimated price of £391,990 means this house is valued at £4,558 per sq meter (£423 per sq foot).
The average size of a house on ANDERSON AVENUE is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Anderson Avenue |
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Anderson Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anderson Avenue |
| Oct 2024 | Burglary | Under investigation | On or near Taylor Avenue |
| Oct 2024 | Public order | Under investigation | On or near Taylor Avenue |