£457,492
This estimated value is based upon the latest sale price for the house of £375,000 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Fifth Avenue
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Imperial House, Cottage Place, Victoria Road, Chelmsford, CM1 1NY
Phone: 01245679863
| Price Paid | Date |
|---|---|
| £375,000 | 19 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 June 2020 the House Price Index for ESSEX was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £375,000 results in an estimated price of approximately £457,492.
| 19 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £375,000 | £82,492 | £457,492 |
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 | -31.755 % | £-119,082 | £255,917 |
| 3 Month Average | 14.244 % | £53,414 | £428,414 |
| 6 Month Average | 3.558 % | £13,343 | £388,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £292,540 | £290,000 | 26A THIRD AVENUE |
| 24 Nov 2023 | £538,674 | £525,000 | 22 FIFTH AVENUE |
| 9 Nov 2023 | £706,945 | £689,000 | 82 FIFTH AVENUE |
| 27 Oct 2023 | £358,134 | £350,000 | 25 FOURTH AVENUE |
| 23 Aug 2023 | £127,296 | £125,000 | 26B THIRD AVENUE |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 13 Mar 2020. Using an estimated price of £457,492 means this house is valued at £2,739 per sq meter (£254 per sq foot).
The average size of a house on FOURTH AVENUE is 85 sq meters (922 sq feet).
This house is the largest in the street with a floor area of 167 sq meters (1,797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Local resolution | On or near Fifth Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fifth Avenue |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Fifth Avenue |
| Jul 2024 | Anti-social behaviour | On or near Fifth Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Fifth Avenue |