£371,371
This estimated value is based upon the latest sale price for the house of £300,500 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £300,500 | 18 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £300,500 results in an estimated price of approximately £371,371.
| 18 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £300,500 | £70,871 | £371,371 |
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 | 19.667 % | £59,100 | £359,600 |
| 3 Month Average | 7.391 % | £22,208 | £322,708 |
| 6 Month Average | -5.180 % | £-15,565 | £284,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £305,420 | £305,420 | 16 WARWICK SQUARE |
| 9 Nov 2023 | £441,199 | £430,000 | 17 DIXON AVENUE |
| 9 Nov 2023 | £595,106 | £580,000 | 9 PARK AVENUE |
| 19 Oct 2023 | £347,902 | £340,000 | 33 PARK AVENUE |
| 26 Jun 2023 | £306,135 | £300,000 | 34 THE GREEN |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 20 Sep 2019. Using an estimated price of £371,372 means this house is valued at £3,676 per sq meter (£341 per sq foot).
The average size of a house on PARK AVENUE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Warwick Square |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Warwick Square |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Warwick Square |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Warwick Square |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Warwick Square |