6, ROBERT CLOSE, CHELMSFORD, CM2 6FJ - £124,000

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.

6 ROBERT CLOSE is a terraced house, which could now be worth an estimated £392,497. It was last sold for £124,000 in May 2002, which was around 15% above the average May 2002 terraced price in the Chelmsford local authority area.

6 ROBERT CLOSE Sold Prices

Land registry data shows two sales for 6 ROBERT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Both of the two 6 ROBERT CLOSE 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
2002 7 MAY	£124,000	£107,851	15% above HPI
1995 21 APR	£66,000	£49,821	32% above HPI

What might 6 ROBERT CLOSE be worth now?

6 ROBERT CLOSE might now be worth an estimated £392,497.

This is based on house price inflation of 216.5%, between May 2002 and May 2026, for terraced 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 216.5% inflationary increase is applied to the most recent sale price for 6 ROBERT CLOSE of £124,000 on 7th May 2002. For the value to have increased from £124,000 to £392,497 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 6 ROBERT CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The May 2002 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ROBERT CLOSE has not materially changed since May 2002.

Where is 6 ROBERT CLOSE?

6 ROBERT CLOSE is located in CHELMSFORD, in the CM2 postcode district.