7, ALLEN WAY, SPRINGFIELD, CHELMSFORD, CM2 6GF - £270,000

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.

7 ALLEN WAY is a semi-detached house, which could now be worth an estimated £497,293. It was last sold for £270,000 in March 2008, which was around 16% above the average March 2008 semi-detached price in the Chelmsford local authority area.

7 ALLEN WAY Sold Prices

Land registry data shows two sales for 7 ALLEN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 7 ALLEN 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
2008 20 MAR	£270,000	£232,554	16% above HPI
2003 26 SEP	£205,000	£178,829	15% above HPI

What might 7 ALLEN WAY be worth now?

7 ALLEN WAY might now be worth an estimated £497,293.

This is based on house price inflation of 84.2%, between March 2008 and May 2026, for semi-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 84.2% inflationary increase is applied to the most recent sale price for 7 ALLEN WAY of £270,000 on 20th March 2008. For the value to have increased from £270,000 to £497,293 over the seventeen years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 ALLEN WAY has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The March 2008 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ALLEN WAY has not materially changed since March 2008.

Where is 7 ALLEN WAY?

7 ALLEN WAY is located in SPRINGFIELD, in the CM2 postcode district.