41, WRIGHT CRESCENT, SPRINGFIELD, CHELMSFORD, CM1 6DP - £655,000

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.

41 WRIGHT CRESCENT is a detached house, which could now be worth an estimated £647,920. It was last sold for £655,000 in September 2022, which was around 6% below the average September 2022 detached price in the Chelmsford local authority area.

41 WRIGHT CRESCENT Sold Prices

Land registry data shows one sale for 41 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
2022 23 SEP	£655,000	£695,166	6% below HPI

What might 41 WRIGHT CRESCENT be worth now?

41 WRIGHT CRESCENT might now be worth an estimated £647,920.

This is based on house price deflation of 1.1%, between September 2022 and April 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 1.1% deflationary decrease is applied to the most recent sale price for 41 WRIGHT CRESCENT of £655,000 on 23rd September 2022. For the value to have decreased from £655,000 to £647,920 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 41 WRIGHT CRESCENT has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The September 2022 sale price of £655,000 represented a fair market value for the property.
• The size, condition, and specification of 41 WRIGHT CRESCENT has not materially changed since September 2022.

Where is 41 WRIGHT CRESCENT?

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