£284,111
This estimated value is based upon the latest sale price for the house of £282,000 on 27 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 |
---|---|
£282,000 | 27 Apr 2023 |
£360,000 | 31 May 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £282,000 results in an estimated price of approximately £284,111.
27 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 148.0 | 0.749 % | £282,000 | £2,111 | £284,111 |
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 | -43.897 % | £-123,788 | £158,211 |
3 Month Average | -12.245 % | £-34,531 | £247,468 |
6 Month Average | -5.291 % | £-14,920 | £267,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Apr 2023 | £284,112 | £282,000 | 8 MIAMI HOUSE PRINCES ROAD |
23 Jan 2023 | £238,236 | £240,329 | 48 MIAMI HOUSE PRINCES ROAD |
21 Oct 2022 | £472,083 | £479,100 | 49 MIAMI HOUSE PRINCES ROAD |
15 Sep 2022 | £116,172 | £117,585 | 13 MIAMI HOUSE PRINCES ROAD |
8 Sep 2022 | £216,368 | £219,000 | 41 BROOKLANDS WALK |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 12 Feb 2019. Using an estimated price of £284,112 means this house is valued at £4,984 per sq meter (£463 per sq foot).
The average size of a house on PRINCES ROAD is 74 sq meters (804 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Brooklands Walk | |
Mar 2024 | Anti-social behaviour | On or near Brooklands Walk | |
Feb 2024 | Anti-social behaviour | On or near Brooklands Walk | |
Feb 2024 | Anti-social behaviour | On or near Brooklands Walk | |
Feb 2024 | Anti-social behaviour | On or near Brooklands Walk |