48, HOLMANS, BOREHAM, CHELMSFORD, CM3 3EY - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 HOLMANS is a detached house, which could now be worth an estimated £430,808. It was last sold for £240,000 in July 2007, which was around 37% below the average July 2007 detached price in the Chelmsford local authority area.

48 HOLMANS Sold Prices

Land registry data shows five sales for 48 HOLMANS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 48 HOLMANS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 2 JUL	£240,000	£383,864	37% below HPI
2004 30 JAN	£208,000	£308,663	33% below HPI
2001 17 JUL	£174,000	£206,148	16% below HPI
1999 20 JAN	£102,000	£142,538	28% below HPI
1996 29 FEB	£93,000	£101,078	8% below HPI

What might 48 HOLMANS be worth now?

48 HOLMANS might now be worth an estimated £430,808.

This is based on house price inflation of 79.5%, between July 2007 and May 2026, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.5% inflationary increase is applied to the most recent sale price for 48 HOLMANS of £240,000 on 2nd July 2007. For the value to have increased from £240,000 to £430,808 over the nineteen years and two months to May 2026, the following assumptions must hold true:

• The value of 48 HOLMANS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2007 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 48 HOLMANS has not materially changed since July 2007.

Where is 48 HOLMANS?

48 HOLMANS is located in BOREHAM, in the CM3 postcode district.