£351,570
This estimated value is based upon the latest sale price for the house of £285,000 on 19 Dec 2018. 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 |
---|---|
£285,000 | 19 Dec 2018 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £285,000 results in an estimated price of approximately £351,570.
19 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £285,000 | £66,570 | £351,570 |
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 | -8.445 % | £-24,067 | £260,932 |
3 Month Average | -0.205 % | £-583 | £284,416 |
6 Month Average | 7.194 % | £20,501 | £305,501 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £752,584 | £746,000 | 30 CHELMERTON AVENUE |
6 Jan 2023 | £353,336 | £355,000 | 91 BRAMWOODS ROAD |
20 May 2022 | £333,789 | £327,500 | 15 SPRING POND CLOSE |
5 Apr 2022 | £494,304 | £480,000 | 1 CHELMER LEA |
18 Mar 2022 | £326,423 | £315,000 | 9 SPRING POND CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Mar 2018. Using an estimated price of £351,570 means this house is valued at £4,507 per sq meter (£418 per sq foot).
The average size of a house on LATHCOATES CRESCENT is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lathcoates Crescent |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Pond Close |
Mar 2024 | Public order | Under investigation | On or near Chelmer Lea |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chelmerton Avenue |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Chelmerton Avenue |