£529,427
This estimated value is based upon the latest sale price for the house of £340,000 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
Price Paid | Date |
---|---|
£340,000 | 17 Apr 2014 |
Detached |
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 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 £340,000 results in an estimated price of approximately £529,427.
17 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £340,000 | £189,427 | £529,427 |
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 | -12.693 % | £-43,154 | £296,845 |
3 Month Average | 33.828 % | £115,015 | £455,015 |
6 Month Average | 58.287 % | £198,177 | £538,177 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £865,137 | £850,000 | 12 SCHOOL LANE |
3 Nov 2023 | £418,191 | £412,000 | 3 WILLIAMS ROAD |
19 Aug 2022 | £320,138 | £321,000 | 54 SCHOOL LANE |
7 Jul 2022 | £426,147 | £425,000 | 170 MAIN ROAD |
11 Apr 2022 | £463,410 | £450,000 | 144 MAIN ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near New Road |
Jan 2024 | Other crime | Under investigation | On or near Main Road |
Jan 2024 | Other theft | Under investigation | On or near Main Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near School Lane |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Days Close |