£559,774
This estimated value is based upon the latest sale price for the house of £450,000 on 4 Jun 2018. 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 Fourth Avenue
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
Price Paid | Date |
---|---|
£450,000 | 4 Jun 2018 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 June 2018 the House Price Index for ESSEX was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £450,000 results in an estimated price of approximately £559,774.
4 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £450,000 | £109,774 | £559,774 |
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 | -17.577 % | £-79,097 | £370,902 |
3 Month Average | 1.762 % | £7,929 | £457,929 |
6 Month Average | 6.321 % | £28,443 | £478,443 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £611,823 | £604,000 | 17 THIRD AVENUE |
15 Mar 2023 | £736,943 | £730,000 | 54 FOURTH AVENUE |
10 Feb 2023 | £577,611 | £578,000 | 4 FOURTH AVENUE |
17 Oct 2022 | £296,804 | £300,000 | 26 THIRD AVENUE |
14 Oct 2022 | £281,964 | £285,000 | 26A THIRD AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 30 Jan 2018. Using an estimated price of £559,774 means this house is valued at £6,289 per sq meter (£584 per sq foot).
The average size of a house on THIRD AVENUE is 95 sq meters (1,030 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fourth Avenue |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fourth Avenue |
Jan 2024 | Drugs | Under investigation | On or near Second Avenue |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Second Avenue |