£280,019
This estimated value is based upon the latest sale price for the house of £225,000 on 1 Mar 2019. 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 |
|---|---|
| £225,000 | 1 Mar 2019 |
| £169,000 | 12 Dec 2014 |
| £135,000 | 23 Jul 2004 |
| £122,500 | 7 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 March 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £225,000 results in an estimated price of approximately £280,019.
| 1 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £225,000 | £55,019 | £280,019 |
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 | 5.851 % | £13,163 | £238,163 |
| 3 Month Average | 5.575 % | £12,543 | £237,543 |
| 6 Month Average | 2.607 % | £5,866 | £230,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £370,000 | £370,000 | 20 SKERRY RISE |
| 21 Dec 2023 | £324,986 | £315,000 | 23 HEARSALL AVENUE |
| 20 Dec 2023 | £361,096 | £350,000 | 16 BURNSIDE CRESCENT |
| 19 Dec 2023 | £350,779 | £340,000 | 27 SKERRY RISE |
| 12 Dec 2023 | £474,583 | £460,000 | 2 SKERRY RISE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Jun 2014. Using an estimated price of £280,020 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on PEMBROKE PLACE is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pembroke Place |
| Oct 2024 | Anti-social behaviour | On or near Pembroke Place | |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pembroke Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Place |