£370,812
This estimated value is based upon the latest sale price for the house of £310,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Cumberland Crescent
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £310,000 | 4 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £310,000 results in an estimated price of approximately £370,812.
| 4 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £310,000 | £60,812 | £370,812 |
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 | -15.336 % | £-47,540 | £262,459 |
| 3 Month Average | 10.881 % | £33,731 | £343,731 |
| 6 Month Average | 7.823 % | £24,251 | £334,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £325,000 | £325,000 | 21 CUMBERLAND CRESCENT |
| 15 Dec 2023 | £322,407 | £312,500 | 30 WOODHALL ROAD |
| 12 Dec 2023 | £564,857 | £547,500 | 17 BERWICK AVENUE |
| 10 Nov 2023 | £333,978 | £325,500 | 12 HEATHFIELD ROAD |
| 26 Jun 2023 | £443,896 | £435,000 | 20 CUMBERLAND CRESCENT |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 24 Jan 2020. Using an estimated price of £370,813 means this house is valued at £3,465 per sq meter (£321 per sq foot).
The average size of a house on CUMBERLAND CRESCENT is 97 sq meters (1,054 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Cumberland Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Crescent |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cumberland Crescent |
| Sep 2024 | Burglary | Under investigation | On or near Cumberland Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Crescent |