£260,403
This estimated value is based upon the latest sale price for the house of £140,000 on 26 Feb 2009. 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 |
|---|---|
| £140,000 | 26 Feb 2009 |
| Semi-Detached |
| Freehold |
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 February 2009 the House Price Index for ESSEX was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.003%.Applying this 86.003% change to the original purchase price of £140,000 results in an estimated price of approximately £260,403.
| 26 Feb 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 86.003 % | £140,000 | £120,403 | £260,403 |
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 | 125.120 % | £175,168 | £315,168 |
| 3 Month Average | 114.804 % | £160,724 | £300,724 |
| 6 Month Average | 100.890 % | £141,245 | £281,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2022 | £174,751 | £173,000 | 53 TUGBY PLACE |
| 20 Dec 2021 | £388,551 | £360,000 | 28 ST NAZAIRE ROAD |
| 17 Dec 2021 | £202,370 | £187,500 | 39 TUGBY PLACE |
| 26 Nov 2021 | £424,913 | £390,000 | 14 ST NAZAIRE ROAD |
| 28 Sep 2021 | £331,099 | £305,000 | 66 SALERNO WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Tobruk Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tobruk Road |
| Oct 2024 | Anti-social behaviour | On or near Cassino Road | |
| Oct 2024 | Anti-social behaviour | On or near Cassino Road | |
| Oct 2024 | Anti-social behaviour | On or near Cassino Road |