£229,234
This estimated value is based upon the latest sale price for the house of £230,000 on 14 Oct 2022. 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 |
|---|---|
| £230,000 | 14 Oct 2022 |
| £88,500 | 15 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2022 the House Price Index for ESSEX was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £230,000 results in an estimated price of approximately £229,234.
| 14 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £230,000 | £-765 | £229,234 |
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 | 12.255 % | £28,187 | £258,187 |
| 3 Month Average | -4.599 % | £-10,577 | £219,422 |
| 6 Month Average | -3.785 % | £-8,705 | £221,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £713,101 | £695,000 | 17 PARTRIDGE AVENUE |
| 23 Aug 2023 | £249,500 | £245,000 | 62 WICKHAM CRESCENT |
| 22 Mar 2023 | £467,813 | £460,000 | 25 PARTRIDGE AVENUE |
| 27 Feb 2023 | £226,513 | £225,000 | 50 WICKHAM CRESCENT |
| 28 Oct 2022 | £619,929 | £622,000 | 1 PARTRIDGE AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 13 Apr 2014. Using an estimated price of £229,234 means this house is valued at £3,581 per sq meter (£332 per sq foot).
The average size of a house on WICKHAM CRESCENT is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Partridge Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Partridge Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Partridge Avenue |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Partridge Avenue |
| Jul 2024 | Robbery | Unable to prosecute suspect | On or near Partridge Avenue |