£263,179
This estimated value is based upon the latest sale price for the house of £255,000 on 3 Mar 2022. 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 Cedar Avenue
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
Price Paid | Date |
---|---|
£255,000 | 3 Mar 2022 |
Flats/Maisonettes |
Leasehold |
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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £255,000 results in an estimated price of approximately £263,179.
3 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.0 | 3.208 % | £255,000 | £8,179 | £263,179 |
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 | 4.050 % | £10,326 | £265,326 |
3 Month Average | -18.829 % | £-48,013 | £206,986 |
6 Month Average | -5.915 % | £-15,082 | £239,917 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £656,207 | £650,000 | 26 CEDAR AVENUE WEST |
1 Sep 2022 | £246,008 | £249,000 | 9 LESLEY COURT RAINSFORD ROAD |
31 Aug 2022 | £250,805 | £252,500 | 7 WICKS PLACE |
21 Jun 2022 | £270,744 | £268,000 | 22 LESLEY COURT RAINSFORD ROAD |
13 Jun 2022 | £232,355 | £230,000 | 8 WICKS PLACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Cedar Avenue | |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Avenue |
Apr 2024 | Anti-social behaviour | On or near Wicks Place |