81, CENTENARY WAY, SPRINGFIELD, CHELMSFORD, CM1 6AU - £280,000

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.

81 CENTENARY WAY is a flat, which could now be worth an estimated £303,368. It was last sold for £280,000 in September 2020, which was around 44% above the average September 2020 flat price in the Chelmsford local authority area.

81 CENTENARY WAY Sold Prices

Land registry data shows two sales for 81 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 81 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
2020 10 SEP	£280,000	£194,996	44% above HPI
2018 29 MAR	£275,000	£199,709	38% above HPI

What might 81 CENTENARY WAY be worth now?

81 CENTENARY WAY might now be worth an estimated £303,368.

This is based on house price inflation of 8.3%, between September 2020 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 8.3% inflationary increase is applied to the most recent sale price for 81 CENTENARY WAY of £280,000 on 10th September 2020. For the value to have increased from £280,000 to £303,368 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 81 CENTENARY WAY has moved in line with the HPI for flats in the Chelmsford local authority area.
• The September 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 81 CENTENARY WAY has not materially changed since September 2020.

Where is 81 CENTENARY WAY?

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