£474,635
This estimated value is based upon the latest sale price for the house of £277,500 on 5 Oct 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Longleat Close
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £277,500 | 5 Oct 2012 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 October 2012 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £277,500 results in an estimated price of approximately £474,635.
| 5 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £277,500 | £197,135 | £474,635 |
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 | 50.969 % | £141,438 | £418,938 |
| 3 Month Average | 53.411 % | £148,216 | £425,716 |
| 6 Month Average | 53.990 % | £149,823 | £427,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £598,387 | £580,000 | 43 QUILP DRIVE |
| 17 Nov 2023 | £571,507 | £557,000 | 113 PATCHING HALL LANE |
| 28 Sep 2023 | £1,216,824 | £1,190,000 | 108 PATCHING HALL LANE |
| 31 Aug 2022 | £443,373 | £441,300 | 145 PATCHING HALL LANE |
| 6 Jun 2022 | £189,041 | £185,000 | 173 WOODHALL ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 20 Apr 2012. Using an estimated price of £474,635 means this house is valued at £4,237 per sq meter (£393 per sq foot).
The average size of a house on DOMBEY CLOSE is 127 sq meters (1,370 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Longleat Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patching Hall Lane |
| Aug 2024 | Anti-social behaviour | On or near Patching Hall Lane | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patching Hall Lane |
| Aug 2024 | Anti-social behaviour | On or near Patching Hall Lane |