£501,759
This estimated value is based upon the latest sale price for the house of £249,000 on 28 May 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Goldlay Gardens
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
| Price Paid | Date |
|---|---|
| £249,000 | 28 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 May 2004 the House Price Index for ESSEX was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £249,000 results in an estimated price of approximately £501,759.
| 28 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £249,000 | £252,759 | £501,759 |
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 | 66.278 % | £165,032 | £414,032 |
| 3 Month Average | 73.024 % | £181,830 | £430,830 |
| 6 Month Average | 87.612 % | £218,154 | £467,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £590,163 | £585,000 | 51 GOLDLAY ROAD |
| 30 Jun 2023 | £292,544 | £289,000 | FLAT 44 49 BADDOW ROAD |
| 24 Nov 2022 | £212,427 | £215,000 | 13 LYNMOUTH GARDENS |
| 20 Oct 2022 | £221,614 | £224,000 | 14 LYNMOUTH GARDENS |
| 18 Feb 2022 | £629,217 | £600,000 | 50 LYNMOUTH AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 12 Nov 2015. Using an estimated price of £501,760 means this house is valued at £5,973 per sq meter (£554 per sq foot).
The average size of a house on LYNMOUTH GARDENS is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Goldlay Gardens |
| Mar 2024 | Possession of weapons | Under investigation | On or near Goldlay Gardens |
| Mar 2024 | Drugs | Under investigation | On or near Goldlay Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Goldlay Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |