1, YONGE CLOSE, BOREHAM, CHELMSFORD, CM3 3GY - £335,000

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.

1 YONGE CLOSE is a detached house, which could now be worth an estimated £604,135. It was last sold for £335,000 in June 2007, which was around 12% below the average June 2007 detached price in the Chelmsford local authority area.

1 YONGE CLOSE Sold Prices

Land registry data shows three sales for 1 YONGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 1 YONGE CLOSE sales were for below the average price, whilst one was for above 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 15 JUN	£335,000	£382,086	12% below HPI
2003 17 OCT	£275,500	£305,308	10% below HPI
2001 31 MAY	£245,000	£201,013	22% above HPI

What might 1 YONGE CLOSE be worth now?

1 YONGE CLOSE might now be worth an estimated £604,135.

This is based on house price inflation of 80.3%, between June 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 80.3% inflationary increase is applied to the most recent sale price for 1 YONGE CLOSE of £335,000 on 15th June 2007. For the value to have increased from £335,000 to £604,135 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 1 YONGE CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2007 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 1 YONGE CLOSE has not materially changed since June 2007.

Where is 1 YONGE CLOSE?

1 YONGE CLOSE is located in BOREHAM, in the CM3 postcode district.