£802,260
This estimated value is based upon the latest sale price for the house of £325,000 on 28 Feb 2003. 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 |
|---|---|
| £325,000 | 28 Feb 2003 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 February 2003 the House Price Index for ESSEX was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £325,000 results in an estimated price of approximately £802,260.
| 28 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 149.7 | 146.849 % | £325,000 | £477,260 | £802,260 |
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 | 139.261 % | £452,599 | £777,599 |
| 3 Month Average | 125.188 % | £406,862 | £731,862 |
| 6 Month Average | 118.114 % | £383,870 | £708,870 |
| 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 161 sq meters or 1,732 sq feet when measured on 30 Jul 2012. Using an estimated price of £802,260 means this house is valued at £4,982 per sq meter (£462 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 | Violence and sexual offences | Under investigation | On or near Dixon Avenue |
| Sep 2024 | Public order | Under investigation | On or near Dixon Avenue |
| Sep 2024 | Public order | Under investigation | On or near Dixon Avenue |