5, WALLACE CRESCENT, CHELMSFORD, CM2 9QL - £217,000

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.

5 WALLACE CRESCENT is a semi-detached house, which could now be worth an estimated £395,509. It was last sold for £217,000 in February 2008, which was around 8% below the average February 2008 semi-detached price in the Chelmsford local authority area.

5 WALLACE CRESCENT Sold Prices

Land registry data shows one sale for 5 WALLACE CRESCENT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 22 FEB	£217,000	£235,004	8% below HPI

What might 5 WALLACE CRESCENT be worth now?

5 WALLACE CRESCENT might now be worth an estimated £395,509.

This is based on house price inflation of 82.3%, between February 2008 and May 2026, for semi-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 82.3% inflationary increase is applied to the most recent sale price for 5 WALLACE CRESCENT of £217,000 on 22nd February 2008. For the value to have increased from £217,000 to £395,509 over the seventeen years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 WALLACE CRESCENT has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The February 2008 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WALLACE CRESCENT has not materially changed since February 2008.

Where is 5 WALLACE CRESCENT?

5 WALLACE CRESCENT is located in CHELMSFORD, in the CM2 postcode district.