£431,775
This estimated value is based upon the latest sale price for the house of £290,000 on 26 Feb 2015. 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 |
|---|---|
| £290,000 | 26 Feb 2015 |
| £209,950 | 13 Oct 2006 |
| £127,000 | 31 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2015 the House Price Index for ESSEX was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £290,000 results in an estimated price of approximately £431,775.
| 26 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £290,000 | £141,775 | £431,775 |
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 | 17.731 % | £51,418 | £341,418 |
| 3 Month Average | 35.767 % | £103,723 | £393,723 |
| 6 Month Average | 30.592 % | £88,717 | £378,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £249,500 | £245,000 | 62 WICKHAM CRESCENT |
| 30 Jun 2023 | £512,776 | £502,500 | 25 TAPLEY ROAD |
| 31 Mar 2023 | £427,133 | £420,000 | 43 TAPLEY ROAD |
| 27 Feb 2023 | £226,513 | £225,000 | 50 WICKHAM CRESCENT |
| 14 Oct 2022 | £229,234 | £230,000 | 26 WICKHAM CRESCENT |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Oct 2014. Using an estimated price of £431,776 means this house is valued at £5,535 per sq meter (£514 per sq foot).
The average size of a house on GRANGER ROW is 134 sq meters (1,448 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Granger Row |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bardell Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bardell Close |
| Oct 2024 | Other theft | Under investigation | On or near Bardell Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bardell Close |