£330,227
This estimated value is based upon the latest sale price for the house of £183,000 on 27 Nov 2008. 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 |
|---|---|
| £183,000 | 27 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 888 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 November 2008 the House Price Index for ESSEX was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £183,000 results in an estimated price of approximately £330,227.
| 27 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.452 % | £183,000 | £147,227 | £330,227 |
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 | 113.768 % | £208,195 | £391,195 |
| 3 Month Average | 100.948 % | £184,734 | £367,734 |
| 6 Month Average | 77.654 % | £142,107 | £325,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £342,000 | £342,000 | 24 BARNFIELD MEWS |
| 6 Mar 2024 | £327,532 | £322,500 | 9 PATCHING HALL LANE |
| 20 Nov 2023 | £359,116 | £350,000 | 13 PATCHING HALL LANE |
| 16 Oct 2023 | £327,437 | £320,000 | 32 BARNFIELD MEWS |
| 17 Aug 2023 | £239,316 | £235,000 | 47 COURTLANDS |
This house has a floor area of 82 sq meters or 888 sq feet when measured on 30 Mar 2012. Using an estimated price of £330,228 means this house is valued at £4,002 per sq meter (£371 per sq foot).
The average size of a house on BARNFIELD MEWS is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barnfield Mews |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near The Drive |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near B1008 |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1008 |
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near B1008 |