£260,276
This estimated value is based upon the latest sale price for the house of £153,000 on 14 Oct 2010. 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 |
---|---|
£153,000 | 14 Oct 2010 |
£24,000 | 11 Jul 1997 |
£43,000 | 12 Jul 1996 |
Terraced |
Freehold |
Floor Area: 40 sq meters or 436 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 October 2010 the House Price Index for ESSEX was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £153,000 results in an estimated price of approximately £260,276.
14 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £153,000 | £107,276 | £260,276 |
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 | 5.418 % | £8,289 | £161,289 |
3 Month Average | 45.287 % | £69,289 | £222,289 |
6 Month Average | 64.362 % | £98,473 | £251,473 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £229,007 | £225,000 | 71 GOODIER ROAD |
24 Aug 2023 | £794,450 | £787,500 | 12 RIDDIFORD DRIVE |
24 Apr 2023 | £250,699 | £248,000 | 20 GOODIER ROAD |
31 Mar 2023 | £388,662 | £385,000 | 28 RIDGEWELL AVENUE |
31 Mar 2023 | £232,188 | £230,000 | 28 GOODIER ROAD |
This house has a floor area of 40 sq meters or 436 sq feet when measured on 19 Jun 2010. Using an estimated price of £260,276 means this house is valued at £6,413 per sq meter (£595 per sq foot).
The average size of a house on RIDDIFORD DRIVE is 84 sq meters (910 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (436 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richardson Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Dixon Avenue |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dixon Avenue |