£578,104
This estimated value is based upon the latest sale price for the house of £500,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £500,000 | 14 Dec 2020 |
| £375,000 | 7 May 2015 |
| £249,445 | 14 Oct 2009 |
| £239,950 | 27 Jan 2006 |
| £154,995 | 15 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £500,000 results in an estimated price of approximately £578,104.
| 14 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £500,000 | £78,104 | £578,104 |
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 | -8.892 % | £-44,461 | £455,538 |
| 3 Month Average | -1.978 % | £-9,888 | £490,111 |
| 6 Month Average | -6.380 % | £-31,898 | £468,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £330,071 | £325,000 | 26B TOWER AVENUE |
| 13 Dec 2023 | £510,693 | £495,000 | 23 TOWER AVENUE |
| 9 Nov 2023 | £595,106 | £580,000 | 9 PARK AVENUE |
| 19 Oct 2023 | £347,902 | £340,000 | 33 PARK AVENUE |
| 12 Jun 2023 | £331,646 | £325,000 | 264 RAINSFORD ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 23 Mar 2015. Using an estimated price of £578,105 means this house is valued at £5,303 per sq meter (£492 per sq foot).
The average size of a house on PARK AVENUE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Harrison Court |
| Oct 2024 | Drugs | Local resolution | On or near Bundick'S Hill |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bundick'S Hill |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area |