28, YONGE CLOSE, BOREHAM, CHELMSFORD, CM3 3GY - £300,000

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.

28 YONGE CLOSE is a detached house, which could now be worth an estimated £638,052. It was last sold for £300,000 in May 2009, which was around 7% below the average May 2009 detached price in the Chelmsford local authority area.

28 YONGE CLOSE Sold Prices

Land registry data shows three sales for 28 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. One of the three 28 YONGE CLOSE sales was for below the average price, whilst two were 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
2009 6 MAY	£300,000	£323,978	7% below HPI
2006 29 MAR	£345,000	£335,363	3% above HPI
2001 14 MAY	£280,000	£201,013	39% above HPI

What might 28 YONGE CLOSE be worth now?

28 YONGE CLOSE might now be worth an estimated £638,052.

This is based on house price inflation of 112.7%, between May 2009 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 112.7% inflationary increase is applied to the most recent sale price for 28 YONGE CLOSE of £300,000 on 6th May 2009. For the value to have increased from £300,000 to £638,052 over the seventeen years to May 2026, the following assumptions must hold true:

• The value of 28 YONGE CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2009 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 28 YONGE CLOSE has not materially changed since May 2009.

Where is 28 YONGE CLOSE?

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