£275,231
This estimated value is based upon the latest sale price for the house of £151,000 on 3 Jul 2009. 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 |
---|---|
£151,000 | 3 Jul 2009 |
£53,000 | 21 Jan 2002 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 837 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 July 2009 the House Price Index for ESSEX was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £151,000 results in an estimated price of approximately £275,231.
3 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.273 % | £151,000 | £124,231 | £275,231 |
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 | 3.367 % | £5,084 | £156,084 |
3 Month Average | 53.282 % | £80,455 | £231,455 |
6 Month Average | 81.928 % | £123,711 | £274,711 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £165,111 | £163,000 | 1 CHILTERN CLOSE |
1 Mar 2023 | £302,853 | £300,000 | 8 SCOTTS WALK |
9 Sep 2022 | £342,236 | £345,000 | 14 GRAMPIAN GROVE |
1 Aug 2022 | £179,517 | £180,000 | 22 CHILTERN CLOSE |
24 Jun 2022 | £174,973 | £172,500 | 5 CHILTERN CLOSE |
This house has a floor area of 77 sq meters or 837 sq feet when measured on 10 Oct 2008. Using an estimated price of £275,232 means this house is valued at £3,536 per sq meter (£328 per sq foot).
The average size of a house on WICKLOW AVENUE is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Possession of weapons | Unable to prosecute suspect | On or near Wicklow Avenue |
Dec 2023 | Other crime | Under investigation | On or near Roslings Close |
Mar 2024 | Public order | Under investigation | On or near Malvern Close |
Mar 2024 | Public order | Under investigation | On or near Malvern Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Malvern Close |