£716,311
This estimated value is based upon the latest sale price for the house of £430,000 on 30 Aug 2013. 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 |
|---|---|
| £430,000 | 30 Aug 2013 |
| £329,995 | 30 Oct 2003 |
| £166,950 | 30 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 August 2013 the House Price Index for ESSEX was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £430,000 results in an estimated price of approximately £716,311.
| 30 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £430,000 | £286,311 | £716,311 |
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 | 47.072 % | £202,409 | £632,409 |
| 3 Month Average | 54.655 % | £235,015 | £665,015 |
| 6 Month Average | 53.221 % | £228,850 | £658,850 |
| 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 |
| 1 Sep 2023 | £202,463 | £198,000 | 67 RIDGEWELL AVENUE |
| 24 Aug 2023 | £801,964 | £787,500 | 12 RIDDIFORD DRIVE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 11 Apr 2013. Using an estimated price of £716,312 means this house is valued at £5,823 per sq meter (£541 per sq foot).
The average size of a house on RIDGEWELL AVENUE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgewell Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riddiford Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Goodier Road |
| Oct 2024 | Burglary | Under investigation | On or near Richardson Place |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Dixon Avenue |