£355,166
This estimated value is based upon the latest sale price for the house of £335,000 on 28 Jan 2022. 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 Chaseway
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| Price Paid | Date |
|---|---|
| £335,000 | 28 Jan 2022 |
| £234,500 | 29 Aug 2014 |
| £161,500 | 14 Sep 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £335,000 results in an estimated price of approximately £355,166.
| 28 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £335,000 | £20,166 | £355,166 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -63.256 % | £-211,907 | £123,092 |
| 3 Month Average | -2.636 % | £-8,829 | £326,170 |
| 6 Month Average | -1.427 % | £-4,781 | £330,218 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £455,000 | £455,000 | 11 TEMPLARS CLOSE |
| 30 Jun 2023 | £408,180 | £400,000 | 3 TEMPLARS CLOSE |
| 27 Apr 2023 | £402,529 | £395,000 | 9 RICKSTONES ROAD |
| 29 Mar 2023 | £348,825 | £343,000 | 54 ST NICHOLAS ROAD |
| 3 Mar 2023 | £289,840 | £285,000 | 81 ST NICHOLAS ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 15 Oct 2012. Using an estimated price of £355,166 means this house is valued at £3,551 per sq meter (£329 per sq foot).
The average size of a house on CRESSING ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Chaseway |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chaseway |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Chaseway |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Chaseway |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Chaseway |