£361,095
This estimated value is based upon the latest sale price for the house of £350,000 on 20 Dec 2023. 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 |
|---|---|
| £350,000 | 20 Dec 2023 |
| 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 December 2023 the House Price Index for ESSEX was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £350,000 results in an estimated price of approximately £361,095.
| 20 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £350,000 | £11,095 | £361,095 |
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 | 8.980 % | £31,429 | £381,429 |
| 3 Month Average | 2.682 % | £9,388 | £359,388 |
| 6 Month Average | -6.735 % | £-23,571 | £326,428 |
| 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 |
| 8 Jul 2022 | £330,310 | £327,000 | 4 CRAMPHORN WALK |
| 7 Jun 2022 | £408,737 | £400,000 | 65 RAINSFORD LANE |
| 20 May 2022 | £395,298 | £385,000 | 35 RAINSFORD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Rainsford Lane |
| Oct 2024 | Anti-social behaviour | On or near Cramphorn Walk | |
| Oct 2024 | Public order | Under investigation | On or near Cramphorn Walk |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cramphorn Walk |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cramphorn Walk |