£351,020
This estimated value is based upon the latest sale price for the house of £265,000 on 6 Oct 2016. 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 Patching Hall Lane
More crime details
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £265,000 | 6 Oct 2016 |
| £170,000 | 2 Dec 2011 |
| £90,250 | 25 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 809 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £265,000 results in an estimated price of approximately £351,020.
| 6 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £265,000 | £86,020 | £351,020 |
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 | -22.777 % | £-60,357 | £204,642 |
| 3 Month Average | 9.411 % | £24,937 | £289,937 |
| 6 Month Average | 15.819 % | £41,919 | £306,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £250,000 | £250,000 | 28 KELVEDON CLOSE |
| 1 Mar 2024 | £285,000 | £285,000 | 34 KELVEDON CLOSE |
| 20 Nov 2023 | £213,156 | £210,000 | 149 WOODHALL ROAD |
| 28 Sep 2023 | £1,205,412 | £1,190,000 | 108 PATCHING HALL LANE |
| 24 Apr 2023 | £232,503 | £230,000 | 195 RUTLAND ROAD |
This house has a floor area of 75 sq meters or 809 sq feet when measured on 6 Jul 2011. Using an estimated price of £351,020 means this house is valued at £4,665 per sq meter (£433 per sq foot).
The average size of a house on RUTLAND ROAD is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Patching Hall Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Patching Hall Lane |
| Dec 2023 | Burglary | Under investigation | On or near Patching Hall Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Patching Hall Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rutland Road |