6, BUCHANAN WAY, LATCHINGDON, CHELMSFORD, CM3 6HL - £163,500

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.

6 BUCHANAN WAY is a small flat of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £155,898. It was last sold for £163,500 in April 2023, which was around 9% below the average April 2023 flat price in the Maldon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

6 BUCHANAN WAY Sold Prices

Land registry data shows six sales for 6 BUCHANAN WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Maldon local authority area for the corresponding sale date. All of the six 6 BUCHANAN WAY sales were for below 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 21 APR	£163,500	£179,172	9% below HPI
2010 17 SEP	£104,000	£119,106	13% below HPI
2007 26 JAN	£105,500	£128,609	18% below HPI
2004 3 SEP	£88,500	£115,246	23% below HPI
2001 24 AUG	£51,500	£64,949	21% below HPI
1999 16 JUL	£34,500	£45,058	23% below HPI

What might 6 BUCHANAN WAY be worth now?

6 BUCHANAN WAY might now be worth an estimated £155,898.

This is based on house price deflation of 4.6%, between April 2023 and May 2026, for flats, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% deflationary decrease is applied to the most recent sale price for 6 BUCHANAN WAY of £163,500 on 21st April 2023. For the value to have decreased from £163,500 to £155,898 over the two years and eleven months to May 2026, the following assumptions must hold true:

• The value of 6 BUCHANAN WAY has moved in line with the HPI for flats in the Maldon local authority area.
• The April 2023 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 6 BUCHANAN WAY has not materially changed since April 2023.

How Large is 6 BUCHANAN WAY?

6 BUCHANAN WAY is 46m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of flats in Latchingdon, based on EPC data. 33% of flats are smaller than 6 BUCHANAN WAY, and 50% of flats are larger. Note that EPC data is not available for all properties in Latchingdon.

Where is 6 BUCHANAN WAY?

6 BUCHANAN WAY is located in LATCHINGDON, in the CM3 postcode district.