£356,428
This estimated value is based upon the latest sale price for the house of £350,000 on 21 Aug 2023. 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 |
|---|---|
| £350,000 | 21 Aug 2023 |
| £186,500 | 26 Nov 2009 |
| £182,500 | 10 Nov 2006 |
| Terraced |
| 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 August 2023 the House Price Index for ESSEX was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £350,000 results in an estimated price of approximately £356,428.
| 21 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £350,000 | £6,428 | £356,428 |
The Postcode Pricing Model uses changes in average sales price within the CM3 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 | 61.103 % | £213,858 | £563,858 |
| 3 Month Average | 7.905 % | £27,667 | £377,667 |
| 6 Month Average | 10.230 % | £35,804 | £385,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £315,000 | £315,000 | 8 CHURCH HILL |
| 19 Oct 2023 | £264,180 | £258,180 | 74 BROOK HILL |
| 21 Aug 2023 | £356,429 | £350,000 | 63 CHURCH HILL |
| 21 Mar 2023 | £340,690 | £335,000 | 16 CHURCH HILL |
| 12 Jul 2022 | £959,615 | £950,000 | 16 WINCKFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Hill |
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Hazeldon Close |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Hazeldon Close |