£283,395
This estimated value is based upon the latest sale price for the house of £154,000 on 15 Sep 2005. 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 |
|---|---|
| £154,000 | 15 Sep 2005 |
| £27,090 | 18 Nov 1996 |
| Terraced |
| Freehold |
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 2005 the House Price Index for ESSEX was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £154,000 results in an estimated price of approximately £283,395.
| 15 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £154,000 | £129,395 | £283,395 |
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 | 90.583 % | £139,497 | £293,497 |
| 3 Month Average | 85.910 % | £132,301 | £286,301 |
| 6 Month Average | 82.710 % | £127,373 | £281,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £332,891 | £330,000 | 47 SPALDING AVENUE |
| 6 Nov 2023 | £384,767 | £375,000 | 48 LANGTON AVENUE |
| 30 Jun 2023 | £306,135 | £300,000 | 146 WEST AVENUE |
| 2 Jun 2023 | £382,669 | £375,000 | 20 LANGTON AVENUE |
| 17 Mar 2023 | £335,605 | £330,000 | 74 LANGTON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Anderson Avenue |
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Anderson Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anderson Avenue |
| Oct 2024 | Burglary | Under investigation | On or near Taylor Avenue |
| Oct 2024 | Public order | Under investigation | On or near Taylor Avenue |