£246,110
This estimated value is based upon the latest sale price for the house of £242,000 on 23 Mar 2023. 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 |
---|---|
£242,000 | 23 Mar 2023 |
£212,000 | 20 Nov 2020 |
£215,000 | 24 Nov 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 March 2023 the House Price Index for ESSEX was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £242,000 results in an estimated price of approximately £246,110.
23 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £242,000 | £4,110 | £246,110 |
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 | -14.337 % | £-34,695 | £207,304 |
3 Month Average | -7.384 % | £-17,868 | £224,131 |
6 Month Average | -9.757 % | £-23,612 | £218,387 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £241,714 | £238,000 | 24 GOODIER ROAD |
20 Dec 2023 | £381,730 | £370,000 | 17 SCHOOL VIEW ROAD |
15 Dec 2023 | £232,133 | £225,000 | 71 GOODIER ROAD |
27 Oct 2023 | £629,293 | £615,000 | 31 GOODIER ROAD |
24 Aug 2023 | £801,964 | £787,500 | 12 RIDDIFORD DRIVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 11 Jun 2020. Using an estimated price of £246,110 means this house is valued at £4,922 per sq meter (£457 per sq foot).
The average size of a house on GOODIER ROAD is 84 sq meters (908 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Goodier Road |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near School View Road |
Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Mace Walk |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgewell Avenue |