£401,014
This estimated value is based upon the latest sale price for the house of £320,000 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
| Price Paid | Date |
|---|---|
| £320,000 | 29 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2018 the House Price Index for ESSEX was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £320,000 results in an estimated price of approximately £401,014.
| 29 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £320,000 | £81,014 | £401,014 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 0.917 % | £2,933 | £322,933 |
| 3 Month Average | 5.232 % | £16,743 | £336,743 |
| 6 Month Average | 9.502 % | £30,405 | £350,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £304,508 | £300,000 | 31 ASH GROVE |
| 16 Nov 2023 | £319,734 | £315,000 | 27 LUCAS AVENUE |
| 12 Sep 2023 | £353,520 | £349,000 | 221 GLOUCESTER AVENUE |
| 11 Sep 2023 | £349,468 | £345,000 | 53 LUCAS AVENUE |
| 8 Sep 2023 | £328,196 | £324,000 | 209 GLOUCESTER AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 16 Oct 2013. Using an estimated price of £401,014 means this house is valued at £3,893 per sq meter (£361 per sq foot).
The average size of a house on LUCAS AVENUE is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Lucas Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Lucas Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitethorn Gardens |
| Jan 2024 | Anti-social behaviour | On or near Linden Close | |
| Jan 2024 | Anti-social behaviour | On or near Linden Close |