£365,927
This estimated value is based upon the latest sale price for the house of £235,000 on 2 Apr 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
Price Paid | Date |
---|---|
£235,000 | 2 Apr 2014 |
£119,000 | 31 Jan 2002 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 April 2014 the House Price Index for ESSEX was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £235,000 results in an estimated price of approximately £365,927.
2 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £235,000 | £130,927 | £365,927 |
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 | 43.076 % | £101,229 | £336,229 |
3 Month Average | 42.971 % | £100,981 | £335,981 |
6 Month Average | 51.904 % | £121,974 | £356,974 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £397,891 | £392,000 | 19 SEYMOUR STREET |
15 Sep 2023 | £260,835 | £257,500 | 215 UPPER BRIDGE ROAD |
21 Apr 2023 | £374,027 | £370,000 | 49 LOWER ANCHOR STREET |
29 Jul 2022 | £44,252 | £44,133 | 226 UPPER BRIDGE ROAD |
23 Jun 2022 | £271,842 | £268,000 | 198 UPPER BRIDGE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Nov 2013. Using an estimated price of £365,928 means this house is valued at £5,227 per sq meter (£485 per sq foot).
The average size of a house on UPPER BRIDGE ROAD is 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Falcons Mead | |
Dec 2023 | Anti-social behaviour | On or near Falcons Mead | |
Dec 2023 | Anti-social behaviour | On or near Falcons Mead | |
Dec 2023 | Anti-social behaviour | On or near Falcons Mead | |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Seymour Street |