£343,382
This estimated value is based upon the latest sale price for the house of £345,000 on 31 Jan 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
| Price Paid | Date |
|---|---|
| £345,000 | 31 Jan 2023 |
| £210,000 | 30 May 2014 |
| £60,000 | 30 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 January 2023 the House Price Index for ESSEX was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £345,000 results in an estimated price of approximately £343,382.
| 31 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £345,000 | £-1,617 | £343,382 |
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 | -46.302 % | £-159,743 | £185,256 |
| 3 Month Average | -21.544 % | £-74,328 | £270,671 |
| 6 Month Average | -8.616 % | £-29,726 | £315,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £304,508 | £300,000 | 4 WINDSOR WAY |
| 26 Jul 2023 | £274,697 | £271,000 | 56 SAVERNAKE ROAD |
| 31 Mar 2023 | £175,655 | £174,000 | 14 CHARNWOOD AVENUE |
| 31 Jan 2023 | £343,382 | £345,000 | 40 CHARNWOOD AVENUE |
| 12 Jul 2022 | £342,923 | £342,000 | 25 DELAMERE ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Sep 2021. Using an estimated price of £343,382 means this house is valued at £3,692 per sq meter (£343 per sq foot).
The average size of a house on CHARNWOOD AVENUE is 68 sq meters (734 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Epping Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Epping Close |
| Jan 2024 | Public order | Under investigation | On or near Epping Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Epping Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Epping Close |