£341,281
This estimated value is based upon the latest sale price for the house of £249,995 on 8 Feb 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 Lynmouth Avenue
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
| Price Paid | Date |
|---|---|
| £249,995 | 8 Feb 2016 |
| £193,500 | 20 Dec 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 February 2016 the House Price Index for ESSEX was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £249,995 results in an estimated price of approximately £341,281.
| 8 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £249,995 | £91,286 | £341,281 |
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 | 15.486 % | £38,714 | £288,709 |
| 3 Month Average | 22.483 % | £56,205 | £306,200 |
| 6 Month Average | 29.959 % | £74,896 | £324,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £238,531 | £235,000 | 166 LYNMOUTH AVENUE |
| 25 Aug 2023 | £282,471 | £280,000 | 53 GOLDLAY GARDENS |
| 21 Jul 2023 | £266,081 | £262,500 | 210 LYNMOUTH AVENUE |
| 6 Jun 2023 | £698,461 | £690,000 | 31 LYNMOUTH AVENUE |
| 17 Feb 2023 | £326,780 | £327,000 | 47 GOLDLAY GARDENS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 Aug 2012. Using an estimated price of £341,281 means this house is valued at £5,093 per sq meter (£473 per sq foot).
The average size of a house on LYNMOUTH AVENUE is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lynmouth Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lynmouth Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lynmouth Avenue |
| Mar 2024 | Anti-social behaviour | On or near Goldlay Avenue | |
| Mar 2024 | Other theft | Under investigation | On or near Goldlay Avenue |