£276,838
This estimated value is based upon the latest sale price for the house of £270,000 on 21 Mar 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
| Price Paid | Date |
|---|---|
| £270,000 | 21 Mar 2023 |
| £177,500 | 16 Mar 2012 |
| £162,500 | 30 Jan 2009 |
| Flats/Maisonettes |
| 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 March 2023 the House Price Index for ESSEX was 98.7.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 2.533%.Applying this 2.533% change to the original purchase price of £270,000 results in an estimated price of approximately £276,838.
| 21 Mar 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 101.2 | 2.533 % | £270,000 | £6,838 | £276,838 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 15.962 % | £43,098 | £313,098 |
| 3 Month Average | 4.313 % | £11,643 | £281,643 |
| 6 Month Average | 3.232 % | £8,727 | £278,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Nov 2024 | £481,427 | £480,000 | 56 GREENLAND GARDENS |
| 3 May 2024 | £485,066 | £475,000 | 30 GREENLAND GARDENS |
| 14 Dec 2023 | £479,423 | £460,000 | 1 PERTWEE DRIVE |
| 1 Dec 2023 | £562,801 | £540,000 | 7 GREENLAND GARDENS |
| 9 Nov 2023 | £648,053 | £625,000 | 49 CRAISTON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pertwee Drive |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenland Gardens |
| Nov 2024 | Other crime | Formal action is not in the public interest | On or near Craiston Way |
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Craiston Way |
| Jan 2025 | Public order | Under investigation | On or near Plumtree Avenue |