£291,822
This estimated value is based upon the latest sale price for the house of £280,000 on 20 Dec 2023. 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 |
|---|---|
| £280,000 | 20 Dec 2023 |
| Semi-Detached |
| Freehold |
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 December 2023 the House Price Index for ESSEX was 97.1.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 4.222%.Applying this 4.222% change to the original purchase price of £280,000 results in an estimated price of approximately £291,822.
| 20 Dec 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.1 | 101.2 | 4.222 % | £280,000 | £11,822 | £291,822 |
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 | 5.932 % | £16,610 | £296,610 |
| 3 Month Average | 1.917 % | £5,368 | £285,368 |
| 6 Month Average | 0.330 % | £924 | £280,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £573,023 | £560,000 | 2 AVENUE ROAD |
| 20 Dec 2023 | £291,823 | £280,000 | 17 LOFTIN WAY |
| 17 Nov 2023 | £502,889 | £485,000 | 10 GROSVENOR CLOSE |
| 3 Nov 2023 | £451,045 | £435,000 | 25 LOFTIN WAY |
| 30 May 2023 | £408,811 | £397,500 | 33 LOFTIN WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Close |
| Oct 2024 | Other theft | Awaiting court outcome | On or near Grosvenor Close |
| Jan 2025 | Violence and sexual offences | Under investigation | On or near Belgrave Close |
| Jan 2025 | Violence and sexual offences | Under investigation | On or near Belgrave Close |
| Dec 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Avenue Road |