£270,216
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Jun 2021. 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 |
|---|---|
| £250,000 | 30 Jun 2021 |
| £248,000 | 20 Oct 2016 |
| £158,000 | 27 Jun 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £250,000 results in an estimated price of approximately £270,216.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £250,000 | £20,216 | £270,216 |
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 | -14.433 % | £-36,082 | £213,917 |
| 3 Month Average | -14.272 % | £-35,681 | £214,318 |
| 6 Month Average | -19.600 % | £-49,000 | £200,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £241,714 | £238,000 | 24 GOODIER ROAD |
| 15 Dec 2023 | £232,133 | £225,000 | 71 GOODIER ROAD |
| 9 Nov 2023 | £441,199 | £430,000 | 17 DIXON AVENUE |
| 27 Oct 2023 | £629,293 | £615,000 | 31 GOODIER ROAD |
| 1 Sep 2023 | £202,463 | £198,000 | 67 RIDGEWELL AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Jul 2014. Using an estimated price of £270,217 means this house is valued at £4,658 per sq meter (£432 per sq foot).
The average size of a house on RIDGEWELL AVENUE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Goodier Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgewell Avenue |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Dixon Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dixon Avenue |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Dixon Avenue |