£710,726
This estimated value is based upon the latest sale price for the house of £575,000 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
Price Paid | Date |
---|---|
£575,000 | 30 Sep 2019 |
£270,000 | 14 Aug 2015 |
Semi-Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 September 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £575,000 results in an estimated price of approximately £710,726.
30 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £575,000 | £135,726 | £710,726 |
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 | 7.642 % | £43,940 | £618,940 |
3 Month Average | 9.688 % | £55,707 | £630,707 |
6 Month Average | 7.025 % | £40,394 | £615,394 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £453,942 | £450,000 | 2 SPRING COTTAGES MILL HILL |
1 Dec 2023 | £551,961 | £535,000 | ROSE BAY BIRCHES WALK |
15 Jul 2022 | £1,452,050 | £1,437,500 | BUTLERS MEWS STOCK ROAD |
6 Jun 2022 | £1,021,843 | £1,000,000 | 11 HORSE & GROOM LANE |
21 Jan 2022 | £901,169 | £850,000 | LINNETS GOAT HALL LANE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 14 May 2019. Using an estimated price of £710,727 means this house is valued at £6,461 per sq meter (£600 per sq foot).
The average size of a house on BEKESWELL LANE is 195 sq meters (2,098 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Horse And Groom Lane |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Horse And Groom Lane |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Hill |
Sep 2024 | Anti-social behaviour | On or near Parking Area | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |