£350,160
This estimated value is based upon the latest sale price for the house of £245,000 on 28 Aug 2015. 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 Pennymead
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Unit 4, Church Langley Way, Church Langley, Harlow, Chelmsford, CM17 9TE
Phone: 01279956522
| Price Paid | Date |
|---|---|
| £245,000 | 28 Aug 2015 |
| £140,000 | 31 Jul 2009 |
| £140,000 | 31 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2015 the House Price Index for ESSEX was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £245,000 results in an estimated price of approximately £350,160.
| 28 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £245,000 | £105,160 | £350,160 |
The Postcode Pricing Model uses changes in average sales price within the CM20 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 | 15.594 % | £38,206 | £283,206 |
| 3 Month Average | 18.888 % | £46,274 | £291,274 |
| 6 Month Average | 22.623 % | £55,425 | £300,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £296,997 | £293,000 | 35 PENNYMEAD |
| 7 Jul 2023 | £309,161 | £305,000 | 90 PENNYMEAD |
| 14 Apr 2023 | £335,614 | £332,000 | 74 PENNYMEAD |
| 8 Jul 2021 | £250,540 | £218,000 | 174 PENNYMEAD |
| 24 Jul 2020 | £320,439 | £265,000 | 79 PENNYMEAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 7 May 2015. Using an estimated price of £350,161 means this house is valued at £4,168 per sq meter (£387 per sq foot).
The average size of a house on PENNYMEAD is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Pennymead |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pennymead |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pennymead |
| Mar 2024 | Other crime | Under investigation | On or near Pennymead |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pennymead |