£193,623
This estimated value is based upon the latest sale price for the house of £112,000 on 11 Oct 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Unit 4, Church Langley Way, Church Langley, Harlow, Chelmsford, CM17 9TE
Phone: 01279956522
| Price Paid | Date |
|---|---|
| £112,000 | 11 Oct 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 676 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 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £112,000 results in an estimated price of approximately £193,623.
| 11 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £112,000 | £81,623 | £193,623 |
The Postcode Pricing Model uses changes in average sales price within the CM17 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 | 79.529 % | £89,072 | £201,072 |
| 3 Month Average | 76.947 % | £86,180 | £198,180 |
| 6 Month Average | 69.444 % | £77,777 | £189,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £380,635 | £375,000 | 143 POTTER STREET |
| 17 Nov 2023 | £192,855 | £190,000 | 4 MAGPIES, 122 POTTER STREET |
| 25 Aug 2023 | £325,346 | £322,500 | 137 CHAPEL FIELDS |
| 31 Jul 2023 | £108,460 | £107,000 | 28 BRENTHALL TOWERS POTTER STREET |
| 13 Mar 2023 | £152,212 | £150,778 | 130 CHAPEL FIELDS |
This house has a floor area of 62 sq meters or 676 sq feet when measured on 14 May 2011. Using an estimated price of £193,624 means this house is valued at £3,082 per sq meter (£286 per sq foot).
The average size of a house on CHAPEL FIELDS is 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Church Road |
| Jan 2024 | Possession of weapons | Offender given a caution | On or near Church Road |
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Chapel Lane |