£265,767
This estimated value is based upon the latest sale price for the house of £255,000 on 18 Dec 2023. 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 Pearl Square
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
| Price Paid | Date |
|---|---|
| £255,000 | 18 Dec 2023 |
| £242,500 | 23 Mar 2018 |
| £180,000 | 28 Oct 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 585 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 2023 the House Price Index for ESSEX was 97.1.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 4.222%.Applying this 4.222% change to the original purchase price of £255,000 results in an estimated price of approximately £265,767.
| 18 Dec 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.1 | 101.2 | 4.222 % | £255,000 | £10,767 | £265,767 |
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 | 5.932 % | £15,127 | £270,127 |
| 3 Month Average | 1.917 % | £4,888 | £259,888 |
| 6 Month Average | 0.330 % | £841 | £255,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2024 | £473,403 | £472,000 | 25 THE RIDINGS |
| 10 May 2024 | £296,145 | £290,000 | 190 DORSET AVENUE |
| 18 Dec 2023 | £265,767 | £255,000 | 48 MONTFORT DRIVE |
| 1 Nov 2023 | £342,172 | £330,000 | 130 DORSET AVENUE |
| 21 Apr 2023 | £184,746 | £180,000 | 11 THE RIDINGS |
This house has a floor area of 54 sq meters or 585 sq feet when measured on 31 Oct 2011. Using an estimated price of £265,767 means this house is valued at £4,883 per sq meter (£453 per sq foot).
The average size of a house on MONTFORT DRIVE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Other theft | Investigation complete; no suspect identified | On or near Pearl Square |
| Nov 2024 | Burglary | Unable to prosecute suspect | On or near Pearl Square |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pearl Square |
| Oct 2024 | Anti-social behaviour | On or near Pearl Square | |
| Oct 2024 | Anti-social behaviour | On or near Pearl Square |