£241,380
This estimated value is based upon the latest sale price for the house of £140,000 on 17 Dec 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
Price Paid | Date |
---|---|
£140,000 | 17 Dec 2010 |
£140,000 | 12 Mar 2010 |
£132,500 | 28 Mar 2003 |
£120,000 | 31 Jan 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 December 2010 the House Price Index for ESSEX was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £140,000 results in an estimated price of approximately £241,380.
17 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.8 | 149.7 | 72.415 % | £140,000 | £101,380 | £241,380 |
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 | 72.163 % | £101,028 | £241,028 |
3 Month Average | 69.640 % | £97,496 | £237,496 |
6 Month Average | 63.042 % | £88,258 | £228,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £216,657 | £210,000 | 9 PARKINSON DRIVE |
10 Aug 2023 | £198,582 | £195,000 | 64 CROMPTON STREET |
31 Mar 2023 | £172,887 | £170,000 | 78 CROMPTON STREET |
30 Mar 2023 | £241,534 | £237,500 | 7 PARKINSON DRIVE |
13 Mar 2023 | £205,431 | £202,000 | 35 EVELYN PLACE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 5 Aug 2019. Using an estimated price of £241,381 means this house is valued at £4,827 per sq meter (£448 per sq foot).
The average size of a house on EVELYN PLACE is 60 sq meters (648 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Local resolution | On or near Evelyn Place |
Oct 2024 | Other theft | Under investigation | On or near Evelyn Place |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evelyn Place |
Aug 2024 | Drugs | Under investigation | On or near Evelyn Place |