£347,096
This estimated value is based upon the latest sale price for the house of £155,000 on 31 Oct 2003. 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 |
|---|---|
| £155,000 | 31 Oct 2003 |
| £57,500 | 30 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2003 the House Price Index for ESSEX was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £155,000 results in an estimated price of approximately £347,096.
| 31 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £155,000 | £192,096 | £347,096 |
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 | 46.388 % | £71,900 | £226,900 |
| 3 Month Average | 93.042 % | £144,215 | £299,215 |
| 6 Month Average | 114.036 % | £176,756 | £331,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £305,342 | £300,000 | 7 JUBILEE TERRACE |
| 31 Jul 2023 | £184,483 | £182,000 | 39 CHESTER PLACE |
| 30 Mar 2023 | £176,664 | £175,000 | 3 CHESTER PLACE |
| 24 Mar 2023 | £324,485 | £321,428 | 20 GLOUCESTER CRESCENT |
| 17 Mar 2023 | £286,196 | £283,500 | 8 GLOUCESTER CRESCENT |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 4 Jan 2019. Using an estimated price of £347,097 means this house is valued at £3,578 per sq meter (£332 per sq foot).
The average size of a house on GLOUCESTER CRESCENT is 67 sq meters (726 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gloucester Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Crescent |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Gloucester Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Crescent |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gloucester Crescent |