£276,635
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Jul 2006. 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 |
|---|---|
| £160,000 | 21 Jul 2006 |
| £140,000 | 12 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 402 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 July 2006 the House Price Index for ESSEX was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £160,000 results in an estimated price of approximately £276,635.
| 21 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £160,000 | £116,635 | £276,635 |
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 | 14.990 % | £23,984 | £183,984 |
| 3 Month Average | 60.813 % | £97,300 | £257,300 |
| 6 Month Average | 80.556 % | £128,890 | £288,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £192,592 | £190,000 | FLAT 8 43A BROOMFIELD ROAD |
| 28 Jun 2023 | £101,226 | £100,000 | FLAT 34 SPALDING COURT CEDAR AVENUE |
| 31 Mar 2023 | £248,844 | £246,500 | 19 THOMPSON COURT BROOMFIELD ROAD |
| 31 Mar 2023 | £141,332 | £140,000 | FLAT 17 SPALDING COURT CEDAR AVENUE |
| 17 Feb 2023 | £209,859 | £210,000 | 1 THOMPSON COURT BROOMFIELD ROAD |
This house has a floor area of 37 sq meters or 402 sq feet when measured on 23 Sep 2010. Using an estimated price of £276,635 means this house is valued at £7,396 per sq meter (£687 per sq foot).
The average size of a house on CEDAR AVENUE WEST is 95 sq meters (1,028 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (402 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Further action is not in the public interest | On or near Cedar Avenue West |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |