£327,914
This estimated value is based upon the latest sale price for the house of £322,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £322,000 | 25 Aug 2023 |
| £222,500 | 30 Jun 2015 |
| £165,000 | 30 Apr 2010 |
| £156,000 | 31 Oct 2005 |
| £82,000 | 1 Feb 2000 |
| £55,000 | 17 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 622 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 August 2023 the House Price Index for ESSEX was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £322,000 results in an estimated price of approximately £327,914.
| 25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £322,000 | £5,914 | £327,914 |
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 | 14.760 % | £47,527 | £369,527 |
| 3 Month Average | -1.640 % | £-5,282 | £316,717 |
| 6 Month Average | 0.722 % | £2,326 | £324,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £317,759 | £315,000 | 39 BOUNDERBY GROVE |
| 25 Aug 2023 | £327,914 | £322,000 | 41 PEGGOTTY CLOSE |
| 20 May 2022 | £14,374 | £14,000 | GARAGE 5 DROOD CLOSE |
| 11 May 2022 | £400,432 | £390,000 | 4 PEGGOTTY CLOSE |
| 3 Dec 2021 | £339,982 | £315,000 | 59 PEGGOTTY CLOSE |
This house has a floor area of 57 sq meters or 622 sq feet when measured on 22 Dec 2009. Using an estimated price of £327,914 means this house is valued at £5,669 per sq meter (£526 per sq foot).
The average size of a house on PEGGOTTY CLOSE is 74 sq meters (804 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (622 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Drood Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pipchin Road |