£197,121
This estimated value is based upon the latest sale price for the house of £194,999 on 5 Apr 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £194,999 | 5 Apr 2023 |
| Flats/Maisonettes |
| Leasehold |
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 2023 the House Price Index for ESSEX was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £194,999 results in an estimated price of approximately £197,121.
| 5 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £194,999 | £2,122 | £197,121 |
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 | -36.261 % | £-70,708 | £124,290 |
| 3 Month Average | -10.317 % | £-20,117 | £174,881 |
| 6 Month Average | -5.759 % | £-11,230 | £183,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £443,166 | £437,500 | 50 HARDY CLOSE |
| 5 Apr 2023 | £197,121 | £194,999 | 28 COVAL LANE |
| 31 Mar 2023 | £211,997 | £210,000 | FLAT 8 6A BROOMFIELD ROAD |
| 6 Oct 2022 | £227,550 | £230,000 | 70 COVAL LANE |
| 1 Sep 2022 | £247,005 | £249,000 | 9 LESLEY COURT RAINSFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Theatre/Concert Hall |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Theatre/Concert Hall |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Theatre/Concert Hall |
| Mar 2024 | Vehicle crime | Under investigation | On or near Coval Lane |