£541,521
This estimated value is based upon the latest sale price for the house of £320,000 on 5 Nov 2012. 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 |
---|---|
£320,000 | 5 Nov 2012 |
£180,000 | 18 Feb 2002 |
Semi-Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 2012 the House Price Index for ESSEX was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £320,000 results in an estimated price of approximately £541,521.
5 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 148.6 | 69.226 % | £320,000 | £221,521 | £541,521 |
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 | -3.182 % | £-10,181 | £309,818 |
3 Month Average | 38.016 % | £121,652 | £441,652 |
6 Month Average | 56.113 % | £179,562 | £499,562 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £658,868 | £650,000 | 26 CEDAR AVENUE WEST |
28 Jun 2023 | £101,226 | £100,000 | FLAT 34 SPALDING COURT CEDAR AVENUE |
31 Mar 2023 | £141,332 | £140,000 | FLAT 17 SPALDING COURT CEDAR AVENUE |
3 Mar 2022 | £264,247 | £255,000 | FLAT 8 50 RAINSFORD ROAD |
14 Jan 2022 | £242,054 | £230,000 | 11 KING EDWARD COURT CEDAR AVENUE WEST |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 20 Apr 2012. Using an estimated price of £541,522 means this house is valued at £4,922 per sq meter (£457 per sq foot).
The average size of a house on CEDAR AVENUE WEST is 95 sq meters (1,028 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other crime | Further action is not in the public interest | On or near Cedar Avenue West |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cedar Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wicks Place |