£834,601
This estimated value is based upon the latest sale price for the house of £790,000 on 21 Feb 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
| Price Paid | Date |
|---|---|
| £790,000 | 21 Feb 2022 |
| £495,000 | 8 Nov 2007 |
| £330,000 | 12 Aug 1999 |
| Detached |
| Freehold |
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 February 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £790,000 results in an estimated price of approximately £834,601.
| 21 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £790,000 | £44,601 | £834,601 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 53.821 % | £425,186 | £1,215,186 |
| 3 Month Average | 15.816 % | £124,944 | £914,944 |
| 6 Month Average | 10.348 % | £81,748 | £871,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £453,942 | £450,000 | 2 SPRING COTTAGES MILL HILL |
| 3 Nov 2023 | £923,441 | £900,000 | HILL HOUSE LONDON ROAD |
| 10 Mar 2023 | £467,813 | £460,000 | MEIDERS BUTTS WAY |
| 24 Feb 2023 | £775,178 | £770,000 | 23 BUTTS WAY |
| 24 Aug 2022 | £653,054 | £650,000 | VALCOT LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Under investigation | On or near Parking Area |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area |