£381,497
This estimated value is based upon the latest sale price for the house of £362,500 on 21 Jan 2022. 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 |
---|---|
£362,500 | 21 Jan 2022 |
£360,000 | 21 Jan 2021 |
£195,000 | 2 Mar 2007 |
£117,500 | 25 Apr 2002 |
£64,000 | 10 Mar 1995 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £362,500 results in an estimated price of approximately £381,497.
21 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £362,500 | £18,997 | £381,497 |
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 | -38.809 % | £-140,681 | £221,818 |
3 Month Average | -7.164 % | £-25,968 | £336,531 |
6 Month Average | 2.771 % | £10,043 | £372,543 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £396,945 | £390,000 | 16 SUNRISE AVENUE |
8 Nov 2023 | £456,762 | £450,000 | 76 SUNRISE AVENUE |
8 Nov 2023 | £390,786 | £385,000 | 56 SUNRISE AVENUE |
17 Nov 2022 | £479,196 | £485,000 | 121 SUNRISE AVENUE |
21 Jan 2022 | £381,498 | £362,500 | 69 SUNRISE AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 8 Oct 2021. Using an estimated price of £381,498 means this house is valued at £4,709 per sq meter (£437 per sq foot).
The average size of a house on SUNRISE AVENUE is 95 sq meters (1,032 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Sunrise Avenue | |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Sunrise Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Sunrise Avenue |
Mar 2024 | Other theft | Under investigation | On or near Chestnut Walk |
Dec 2023 | Anti-social behaviour | On or near Town Croft |