£507,566
This estimated value is based upon the latest sale price for the house of £255,000 on 21 Oct 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
Price Paid | Date |
---|---|
£255,000 | 21 Oct 2004 |
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 October 2004 the House Price Index for ESSEX was 52.4.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 99.046%.Applying this 99.046% change to the original purchase price of £255,000 results in an estimated price of approximately £507,566.
21 Oct 2004 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
52.4 | 104.3 | 99.046 % | £255,000 | £252,566 | £507,566 |
The Postcode Pricing Model uses changes in average sales price within the CM3 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 | 90.479 % | £230,720 | £485,720 |
3 Month Average | 96.079 % | £245,001 | £500,001 |
6 Month Average | 106.879 % | £272,541 | £527,541 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2024 | £807,958 | £770,000 | 49 BROOK HILL |
8 Nov 2023 | £683,934 | £640,000 | 104 THE STREET |
21 Mar 2023 | £354,007 | £335,000 | 16 CHURCH HILL |
3 Aug 2022 | £469,141 | £448,000 | 24 CHELMER AVENUE |
12 Jul 2022 | £1,000,859 | £950,000 | 16 WINCKFORD CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Under investigation | On or near Hazeldon Close |
Jan 2025 | Other crime | Under investigation | On or near Sheepcotes Lane |
Apr 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Brook Hill |
Mar 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Brook Hill |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Brook Hill |