£424,018
This estimated value is based upon the latest sale price for the house of £115,000 on 19 Oct 2000. 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 |
---|---|
£115,000 | 19 Oct 2000 |
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 October 2000 the House Price Index for ESSEX was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £115,000 results in an estimated price of approximately £424,018.
19 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.6 | 149.7 | 268.712 % | £115,000 | £309,018 | £424,018 |
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 | 241.382 % | £277,589 | £392,589 |
3 Month Average | 231.751 % | £266,514 | £381,514 |
6 Month Average | 236.805 % | £272,326 | £387,326 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £477,334 | £470,000 | 8 COVAL AVENUE |
20 Dec 2023 | £361,096 | £350,000 | 55 RAINSFORD LANE |
21 Aug 2023 | £430,769 | £423,000 | 57 COVAL LANE |
31 Aug 2022 | £253,686 | £252,500 | 7 WICKS PLACE |
10 Aug 2022 | £517,419 | £515,000 | 6 TUDOR AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Norton Road | |
Sep 2024 | Anti-social behaviour | On or near Norton Road | |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coval Avenue |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Coval Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coval Avenue |