£232,525
This estimated value is based upon the latest sale price for the house of £215,000 on 1 Nov 2021. 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 |
|---|---|
| £215,000 | 1 Nov 2021 |
| £225,000 | 19 Aug 2016 |
| Flats/Maisonettes |
| Leasehold |
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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £215,000 results in an estimated price of approximately £232,525.
| 1 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £215,000 | £17,525 | £232,525 |
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 | -7.646 % | £-16,438 | £198,561 |
| 3 Month Average | -12.771 % | £-27,457 | £187,542 |
| 6 Month Average | -5.462 % | £-11,744 | £203,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £210,137 | £207,450 | 23 LYTTLETON HOUSE, 64 BROOMFIELD ROAD |
| 13 Apr 2023 | £924,959 | £915,000 | RADIO HOUSE, 31 GLEBE ROAD |
| 22 Feb 2023 | £299,798 | £300,000 | 5 KRESTON HOUSE, 66 BROOMFIELD ROAD |
| 28 Nov 2022 | £222,307 | £225,000 | FLAT 7 16 GLEBE ROAD |
| 29 Sep 2022 | £208,318 | £210,000 | FLAT 8 16 GLEBE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Glebe Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Drugs | Further investigation is not in the public interest | On or near Parking Area |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Parking Area |