£345,209
This estimated value is based upon the latest sale price for the house of £188,000 on 29 Jul 2009. 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 |
---|---|
£188,000 | 29 Jul 2009 |
Terraced |
Freehold |
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 July 2009 the House Price Index for ESSEX was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £188,000 results in an estimated price of approximately £345,209.
29 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.622 % | £188,000 | £157,209 | £345,209 |
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 | 61.524 % | £115,664 | £303,664 |
3 Month Average | 69.877 % | £131,368 | £319,368 |
6 Month Average | 77.641 % | £145,964 | £333,964 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £359,116 | £350,000 | 16 WEST AVENUE |
30 Jun 2023 | £306,135 | £300,000 | 146 WEST AVENUE |
30 Jun 2023 | £353,076 | £346,000 | 2 ARTHUR COURT |
24 Feb 2023 | £320,139 | £318,000 | 98 WEST AVENUE |
31 Aug 2022 | £331,550 | £330,000 | 35 NORTH AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Possession of weapons | Under investigation | On or near North Avenue |
Oct 2024 | Criminal damage and arson | Under investigation | On or near North Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near North Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near North Avenue |
Sep 2024 | Violence and sexual offences | Under investigation | On or near North Avenue |