£555,041
This estimated value is based upon the latest sale price for the house of £325,000 on 10 Sep 2010. 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 | 10 Sep 2010 |
| £158,000 | 18 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,014 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 September 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £325,000 results in an estimated price of approximately £555,041.
| 10 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £325,000 | £230,041 | £555,041 |
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 | 57.823 % | £187,924 | £512,924 |
| 3 Month Average | 65.811 % | £213,886 | £538,886 |
| 6 Month Average | 61.337 % | £199,345 | £524,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £330,071 | £325,000 | 26B TOWER AVENUE |
| 13 Dec 2023 | £510,693 | £495,000 | 23 TOWER AVENUE |
| 9 Nov 2023 | £595,106 | £580,000 | 9 PARK AVENUE |
| 4 Aug 2023 | £305,510 | £300,000 | 169 KINGS ROAD |
| 12 Jun 2023 | £331,646 | £325,000 | 264 RAINSFORD ROAD |
This house has a floor area of 94 sq meters or 1,014 sq feet when measured on 8 Apr 2010. Using an estimated price of £555,041 means this house is valued at £5,891 per sq meter (£547 per sq foot).
The average size of a house on TOWER AVENUE is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Bundick'S Hill |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bundick'S Hill |
| Sep 2024 | Other theft | Under investigation | On or near Park Avenue |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area |