£395,822
This estimated value is based upon the latest sale price for the house of £310,000 on 8 Sep 2017. 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 |
---|---|
£310,000 | 8 Sep 2017 |
£170,000 | 25 Nov 2004 |
£66,000 | 31 Oct 1997 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 September 2017 the House Price Index for ESSEX was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £310,000 results in an estimated price of approximately £395,822.
8 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £310,000 | £85,822 | £395,822 |
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 | 22.083 % | £68,457 | £378,457 |
3 Month Average | 7.747 % | £24,015 | £334,015 |
6 Month Average | 8.516 % | £26,398 | £336,398 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £402,364 | £390,000 | 16 SUNRISE AVENUE |
8 Nov 2023 | £395,027 | £385,000 | 56 SUNRISE AVENUE |
8 Nov 2023 | £461,720 | £450,000 | 76 SUNRISE AVENUE |
25 Oct 2023 | £434,877 | £425,000 | 133 SUNRISE AVENUE |
25 Oct 2023 | £670,222 | £655,000 | 129 SUNRISE AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 30 May 2017. Using an estimated price of £395,823 means this house is valued at £4,768 per sq meter (£443 per sq foot).
The average size of a house on SUNRISE AVENUE is 95 sq meters (1,032 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Sunrise Avenue | |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Sunrise Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunrise Avenue |
Sep 2024 | Burglary | Under investigation | On or near Town Croft |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near The Drive |