£686,653
This estimated value is based upon the latest sale price for the house of £484,000 on 17 Sep 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Queen'S Road
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Suite 3, 8 Kingsdale Business Centre, Regina Road, Chelmsford, CM1 1PE
Phone: 01245378661
| Price Paid | Date |
|---|---|
| £484,000 | 17 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2015 the House Price Index for ESSEX was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £484,000 results in an estimated price of approximately £686,653.
| 17 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £484,000 | £202,653 | £686,653 |
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 | 16.895 % | £81,773 | £565,773 |
| 3 Month Average | 16.236 % | £78,581 | £562,581 |
| 6 Month Average | 28.548 % | £138,174 | £622,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £835,685 | £825,000 | 64 HILL ROAD |
| 18 Aug 2023 | £365,699 | £362,500 | 8 HILL ROAD |
| 10 Aug 2023 | £680,957 | £675,000 | 69 HILL ROAD |
| 26 Apr 2023 | £586,313 | £580,000 | E A WALFORD LTD NAVIGATION ROAD |
| 30 Aug 2022 | £633,295 | £635,000 | 4 QUEENS ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 20 May 2015. Using an estimated price of £686,654 means this house is valued at £5,674 per sq meter (£527 per sq foot).
The average size of a house on HILL ROAD is 125 sq meters (1,350 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Queen'S Road |
| Jan 2024 | Burglary | Under investigation | On or near Queen'S Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Hill Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hill Crescent |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hill Crescent |