£254,765
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £250,000 | 28 Apr 2023 |
| £175,000 | 4 Dec 2014 |
| £179,995 | 15 Dec 2006 |
| £152,950 | 7 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 April 2023 the House Price Index for ESSEX was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £250,000 results in an estimated price of approximately £254,765.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £250,000 | £4,765 | £254,765 |
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 | -0.400 % | £-999 | £249,000 |
| 3 Month Average | -0.607 % | £-1,518 | £248,481 |
| 6 Month Average | -7.980 % | £-19,950 | £230,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £259,860 | £255,000 | 6 JOSEPH COURT WRITTLE ROAD |
| 28 Apr 2023 | £254,765 | £250,000 | FLAT 8 CROMPTON HOUSE WRITTLE ROAD |
| 28 Apr 2023 | £264,956 | £260,000 | FLAT 4 CROMPTON HOUSE WRITTLE ROAD |
| 22 Mar 2023 | £249,161 | £245,000 | 15 JOSEPH COURT WRITTLE ROAD |
| 13 Mar 2023 | £205,431 | £202,000 | 35 EVELYN PLACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Jan 2019. Using an estimated price of £254,765 means this house is valued at £3,746 per sq meter (£348 per sq foot).
The average size of a house on WRITTLE ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Evelyn Place |
| Oct 2024 | Drugs | Local resolution | On or near Evelyn Place |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evelyn Place |
| Aug 2024 | Drugs | Under investigation | On or near Evelyn Place |
| Oct 2024 | Anti-social behaviour | On or near Crompton Street |