£707,731
This estimated value is based upon the latest sale price for the house of £415,000 on 11 May 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Mildmay Road
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First Floor, Nelson House, 23 - 27 Moulsham Street, Chelmsford, CM2 0XQ
Phone: 01245679722
| Price Paid | Date |
|---|---|
| £415,000 | 11 May 2012 |
| £372,500 | 25 May 2006 |
| £345,000 | 5 Jul 2004 |
| £157,500 | 12 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,394 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 May 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £415,000 results in an estimated price of approximately £707,731.
| 11 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £415,000 | £292,731 | £707,731 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 42.297 % | £175,534 | £590,534 |
| 3 Month Average | 45.970 % | £190,777 | £605,777 |
| 6 Month Average | 58.446 % | £242,549 | £657,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £296,896 | £292,500 | 35 ROMAN ROAD |
| 31 Jul 2023 | £380,116 | £375,000 | 11 PARKER ROAD |
| 31 Mar 2023 | £773,285 | £766,000 | 68 MILDMAY ROAD |
| 3 Feb 2023 | £149,899 | £150,000 | 11 GLADSTONE COURT |
| 26 May 2022 | £336,337 | £330,000 | 87 MILDMAY ROAD |
This house has a floor area of 129 sq meters or 1,394 sq feet when measured on 18 Nov 2011. Using an estimated price of £707,731 means this house is valued at £5,464 per sq meter (£507 per sq foot).
The average size of a house on MILDMAY ROAD is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mildmay Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Mildmay Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Mildmay Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Mildmay Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Mildmay Road |