£497,535
This estimated value is based upon the latest sale price for the house of £264,500 on 27 May 2005. 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 |
|---|---|
| £264,500 | 27 May 2005 |
| £147,533 | 17 Nov 2000 |
| Semi-Detached |
| 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 May 2005 the House Price Index for ESSEX was 53.8.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 88.104%.Applying this 88.104% change to the original purchase price of £264,500 results in an estimated price of approximately £497,535.
| 27 May 2005 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.8 | 101.2 | 88.104 % | £264,500 | £233,035 | £497,535 |
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 | 79.653 % | £210,682 | £475,182 |
| 3 Month Average | 93.353 % | £246,917 | £511,417 |
| 6 Month Average | 92.892 % | £245,700 | £510,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £502,889 | £485,000 | 10 GROSVENOR CLOSE |
| 3 Nov 2023 | £451,045 | £435,000 | 25 LOFTIN WAY |
| 22 Jul 2022 | £296,444 | £290,000 | 25 HOLLY WAY |
| 20 Jul 2022 | £255,556 | £250,000 | 52 LOFTIN WAY |
| 27 Jun 2022 | £335,612 | £325,000 | 19 HOLLY WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Criminal damage and arson | Under investigation | On or near Gunson Gate |
| Dec 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Whitfield Link |
| Nov 2024 | Vehicle crime | Under investigation | On or near Chilton Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Close |
| Oct 2024 | Other theft | Awaiting court outcome | On or near Grosvenor Close |