£466,246
This estimated value is based upon the latest sale price for the house of £380,000 on 5 Sep 2019. 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 |
|---|---|
| £380,000 | 5 Sep 2019 |
| £115,000 | 15 Nov 1999 |
| £93,000 | 18 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £380,000 results in an estimated price of approximately £466,246.
| 5 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £380,000 | £86,246 | £466,246 |
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 | -35.780 % | £-135,963 | £244,036 |
| 3 Month Average | -13.047 % | £-49,576 | £330,423 |
| 6 Month Average | -0.282 % | £-1,073 | £378,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £662,305 | £652,500 | 19 CHURCH GREEN |
| 3 Nov 2023 | £418,191 | £412,000 | 3 WILLIAMS ROAD |
| 12 Sep 2022 | £875,927 | £883,000 | 315 MAIN ROAD |
| 24 Mar 2022 | £440,411 | £425,000 | 14 WILLOW CLOSE |
| 14 Mar 2022 | £391,189 | £377,500 | 265 MAIN ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 14 Mar 2019. Using an estimated price of £466,246 means this house is valued at £4,960 per sq meter (£460 per sq foot).
The average size of a house on JULIAN CLOSE is 160 sq meters (1,727 sq feet).
This house is the smallest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Rutherfords | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rutherfords |
| Feb 2024 | Anti-social behaviour | On or near Rutherfords | |
| Jan 2024 | Other crime | Under investigation | On or near Main Road |
| Jan 2024 | Other theft | Under investigation | On or near Main Road |