£320,520
This estimated value is based upon the latest sale price for the house of £116,000 on 7 Aug 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £116,000 | 7 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2002 the House Price Index for ESSEX was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £116,000 results in an estimated price of approximately £320,520.
| 7 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £116,000 | £204,520 | £320,520 |
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 | 156.771 % | £181,853 | £297,853 |
| 3 Month Average | 141.661 % | £164,327 | £280,327 |
| 6 Month Average | 146.594 % | £170,049 | £286,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £196,023 | £190,000 | 155 CROMPTON STREET |
| 11 Dec 2023 | £216,657 | £210,000 | 9 PARKINSON DRIVE |
| 10 Aug 2023 | £198,582 | £195,000 | 64 CROMPTON STREET |
| 6 Apr 2023 | £193,622 | £190,000 | 143 CROMPTON STREET |
| 31 Mar 2023 | £172,887 | £170,000 | 78 CROMPTON STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 12 Dec 2017. Using an estimated price of £320,520 means this house is valued at £6,541 per sq meter (£607 per sq foot).
The average size of a house on CROMPTON STREET is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Local resolution | On or near Further/Higher Educational Building |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Further/Higher Educational Building |
| Jul 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jul 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Further/Higher Educational Building |