£233,863
This estimated value is based upon the latest sale price for the house of £43,500 on 17 Jan 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
| Price Paid | Date |
|---|---|
| £43,500 | 17 Jan 1997 |
| Terraced |
| 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 January 1997 the House Price Index for ESSEX was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £43,500 results in an estimated price of approximately £233,863.
| 17 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 149.7 | 437.617 % | £43,500 | £190,363 | £233,863 |
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 | 536.693 % | £233,461 | £276,961 |
| 3 Month Average | 492.057 % | £214,044 | £257,544 |
| 6 Month Average | 465.420 % | £202,457 | £245,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £307,814 | £300,000 | 4 WINDSOR WAY |
| 3 Feb 2023 | £327,186 | £325,000 | 39 HAINAULT GROVE |
| 6 Apr 2022 | £363,098 | £350,000 | 6 STANSTED CLOSE |
| 11 Feb 2022 | £254,606 | £241,000 | 22 SAVERNAKE ROAD |
| 11 Feb 2022 | £332,784 | £315,000 | 30 STANSTED CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Under investigation | On or near Stansted Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stansted Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stansted Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stansted Close |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Savernake Road |