£402,821
This estimated value is based upon the latest sale price for the house of £237,500 on 1 Jun 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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74 Moulsham Street, Chelmsford, CM2 0JA
Phone: 01245409103
Price Paid | Date |
---|---|
£237,500 | 1 Jun 2012 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,041 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in June 2012 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £237,500 results in an estimated price of approximately £402,821.
1 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £237,500 | £165,321 | £402,821 |
The Postcode Pricing Model uses changes in average sales price within the CM2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 12.671 % | £30,094 | £267,594 |
3 Month Average | 34.856 % | £82,783 | £320,283 |
6 Month Average | 53.318 % | £126,630 | £364,130 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £334,274 | £330,000 | 14 ST ANTHONYS DRIVE |
24 Jul 2023 | £395,321 | £390,000 | 2 LEWIS DRIVE |
24 Feb 2023 | £390,737 | £391,000 | 2 ST ANTHONYS DRIVE |
5 Jan 2023 | £464,810 | £467,000 | 9 LEWIS DRIVE |
1 Nov 2022 | £397,189 | £402,000 | 12 ST ANTHONYS DRIVE |
This house has a floor area of 96 sq meters or 1,041 sq feet when measured on 29 Nov 2011. Using an estimated price of £402,822 means this house is valued at £4,163 per sq meter (£386 per sq foot).
The average size of a house on LEWIS DRIVE is 100 sq meters (1,084 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Lewis Drive | |
Jan 2024 | Anti-social behaviour | On or near Lewis Drive | |
Jan 2024 | Anti-social behaviour | On or near Lewis Drive | |
Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Parking Area |
Jan 2024 | Drugs | Awaiting court outcome | On or near Parking Area |