29, CENTENARY WAY, SPRINGFIELD, CHELMSFORD, CM1 6AU - £350,000

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.

29 CENTENARY WAY is a flat, which could now be worth an estimated £364,268. It was last sold for £350,000 in February 2021, which was around 72% above the average February 2021 flat price in the Chelmsford local authority area.

29 CENTENARY WAY Sold Prices

Land registry data shows two sales for 29 CENTENARY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. Both of the two 29 CENTENARY WAY sales 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
2021 5 FEB	£350,000	£202,995	72% above HPI
2018 26 MAR	£315,000	£199,709	58% above HPI

What might 29 CENTENARY WAY be worth now?

29 CENTENARY WAY might now be worth an estimated £364,268.

This is based on house price inflation of 4.1%, between February 2021 and May 2026, for flats, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% inflationary increase is applied to the most recent sale price for 29 CENTENARY WAY of £350,000 on 5th February 2021. For the value to have increased from £350,000 to £364,268 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 29 CENTENARY WAY has moved in line with the HPI for flats in the Chelmsford local authority area.
• The February 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 29 CENTENARY WAY has not materially changed since February 2021.

Where is 29 CENTENARY WAY?

29 CENTENARY WAY is located in SPRINGFIELD, in the CM1 postcode district.