£651,156
This estimated value is based upon the latest sale price for the house of £430,000 on 28 Aug 2014. 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 |
|---|---|
| £430,000 | 28 Aug 2014 |
| £328,500 | 26 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 August 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £430,000 results in an estimated price of approximately £651,156.
| 28 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £430,000 | £221,156 | £651,156 |
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 | 1.845 % | £7,934 | £437,934 |
| 3 Month Average | 20.717 % | £89,081 | £519,081 |
| 6 Month Average | 38.533 % | £165,691 | £595,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2022 | £386,039 | £385,000 | 35 HAWFINCH WALK |
| 4 Apr 2022 | £360,430 | £350,000 | 17 HAWFINCH WALK |
| 20 Sep 2021 | £380,390 | £353,000 | 8 HAWFINCH WALK |
| 12 Nov 2020 | £333,894 | £288,000 | 15 CORMORANT WALK |
| 26 Oct 2020 | £342,540 | £292,000 | 8 CORMORANT WALK |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 26 Jul 2013. Using an estimated price of £651,157 means this house is valued at £5,565 per sq meter (£517 per sq foot).
The average size of a house on BEEHIVE LANE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Beehive Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Firecrest Road |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Goshawk Drive |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Orchard Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrel Way |