£370,620
This estimated value is based upon the latest sale price for the house of £300,000 on 31 Oct 2019. 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 |
|---|---|
| £300,000 | 31 Oct 2019 |
| £187,000 | 30 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 776 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £300,000 results in an estimated price of approximately £370,620.
| 31 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £300,000 | £70,620 | £370,620 |
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 | 0.260 % | £779 | £300,779 |
| 3 Month Average | -0.511 % | £-1,533 | £298,466 |
| 6 Month Average | -5.276 % | £-15,827 | £284,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £412,681 | £400,000 | 23 WATERHOUSE STREET |
| 4 Sep 2023 | £444,805 | £435,000 | 26 WATERHOUSE STREET |
| 28 Apr 2023 | £254,765 | £250,000 | FLAT 8 CROMPTON HOUSE WRITTLE ROAD |
| 28 Apr 2023 | £264,956 | £260,000 | FLAT 4 CROMPTON HOUSE WRITTLE ROAD |
| 6 Apr 2023 | £193,622 | £190,000 | 143 CROMPTON STREET |
This house has a floor area of 72 sq meters or 776 sq feet when measured on 15 Aug 2011. Using an estimated price of £370,620 means this house is valued at £5,137 per sq meter (£477 per sq foot).
The average size of a house on CROMPTON STREET is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Crompton Street | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Crompton Street |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crompton Street |
| Aug 2024 | Anti-social behaviour | On or near Crompton Street | |
| Aug 2024 | Anti-social behaviour | On or near Crompton Street |