£387,950
This estimated value is based upon the latest sale price for the house of £169,995 on 26 Sep 2003. 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 |
|---|---|
| £169,995 | 26 Sep 2003 |
| Semi-Detached |
| Freehold |
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 September 2003 the House Price Index for ESSEX was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £169,995 results in an estimated price of approximately £387,950.
| 26 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £169,995 | £217,955 | £387,950 |
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 | 45.277 % | £76,968 | £246,963 |
| 3 Month Average | 77.251 % | £131,322 | £301,317 |
| 6 Month Average | 92.736 % | £157,646 | £327,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £643,224 | £635,000 | 8 HORNBEAM CLOSE |
| 6 Apr 2023 | £429,626 | £425,000 | 25 DOVE LANE |
| 5 Jan 2023 | £383,195 | £385,000 | 12 FIRTREE RISE |
| 28 Oct 2022 | £426,409 | £431,000 | 27 FIRTREE RISE |
| 5 Jul 2022 | £365,985 | £365,000 | 19 FIRTREE RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B1007 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B1007 |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B1007 |