23, WRIGHT CRESCENT, SPRINGFIELD, CHELMSFORD, CM1 6DP - £494,871

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.

23 WRIGHT CRESCENT is a detached house, which could now be worth an estimated £553,733. It was last sold for £494,871 in February 2021, which was around 19% below the average February 2021 detached price in the Chelmsford local authority area.

23 WRIGHT CRESCENT Sold Prices

Land registry data shows one sale for 23 WRIGHT CRESCENT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2021 18 FEB	£494,871	£609,544	19% below HPI

What might 23 WRIGHT CRESCENT be worth now?

23 WRIGHT CRESCENT might now be worth an estimated £553,733.

This is based on house price inflation of 11.9%, between February 2021 and July 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 11.9% inflationary increase is applied to the most recent sale price for 23 WRIGHT CRESCENT of £494,871 on 18th February 2021. For the value to have increased from £494,871 to £553,733 over the four years and seven months to July 2026, the following assumptions must hold true:

• The value of 23 WRIGHT CRESCENT has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2021 sale price of £494,871 represented a fair market value for the property.
• The size, condition, and specification of 23 WRIGHT CRESCENT has not materially changed since February 2021.

Where is 23 WRIGHT CRESCENT?

23 WRIGHT CRESCENT is located in SPRINGFIELD, in the CM1 postcode district.