45, CENTENARY WAY, SPRINGFIELD, CHELMSFORD, CM1 6AU - £271,000

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.

45 CENTENARY WAY is a flat, which could now be worth an estimated £260,393. It was last sold for £271,000 in January 2023, which was around 23% above the average January 2023 flat price in the Chelmsford local authority area.

45 CENTENARY WAY Sold Prices

Land registry data shows two sales for 45 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 45 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
2023 31 JAN	£271,000	£219,876	23% above HPI
2018 29 MAR	£240,000	£199,709	20% above HPI

What might 45 CENTENARY WAY be worth now?

45 CENTENARY WAY might now be worth an estimated £260,393.

This is based on house price deflation of 3.9%, between January 2023 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 3.9% deflationary decrease is applied to the most recent sale price for 45 CENTENARY WAY of £271,000 on 31st January 2023. For the value to have decreased from £271,000 to £260,393 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 45 CENTENARY WAY has moved in line with the HPI for flats in the Chelmsford local authority area.
• The January 2023 sale price of £271,000 represented a fair market value for the property.
• The size, condition, and specification of 45 CENTENARY WAY has not materially changed since January 2023.

Where is 45 CENTENARY WAY?

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