£411,298
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Oct 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
Price Paid | Date |
---|---|
£240,000 | 14 Oct 2010 |
£237,000 | 11 Jul 2006 |
Detached |
Freehold |
Floor Area: 84 sq meters or 908 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 2010 the House Price Index for ESSEX was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £240,000 results in an estimated price of approximately £411,298.
14 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 149.7 | 71.374 % | £240,000 | £171,298 | £411,298 |
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 | 64.728 % | £155,347 | £395,347 |
3 Month Average | 61.017 % | £146,440 | £386,440 |
6 Month Average | 60.488 % | £145,171 | £385,171 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £415,000 | £415,000 | 1 NABBOTT ROAD |
15 Dec 2023 | £490,059 | £475,000 | 15 NABBOTT ROAD |
27 Oct 2023 | £517,759 | £506,000 | 11 NABBOTT ROAD |
27 Apr 2023 | £468,768 | £460,000 | 9 ABBESS CLOSE |
10 Mar 2023 | £250,178 | £246,000 | 21 NABBOTT ROAD |
This house has a floor area of 84 sq meters or 908 sq feet when measured on 22 Apr 2010. Using an estimated price of £411,299 means this house is valued at £4,873 per sq meter (£452 per sq foot).
The average size of a house on ABBESS CLOSE is 122 sq meters (1,318 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (908 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Abbess Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbess Close |