£659,486
This estimated value is based upon the latest sale price for the house of £550,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Willowbank
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74 Moulsham Street, Chelmsford, CM2 0JA
Phone: 01245409103
Price Paid | Date |
---|---|
£550,000 | 28 Aug 2020 |
£220,000 | 31 Oct 2012 |
£81,000 | 11 Mar 1999 |
Semi-Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £550,000 results in an estimated price of approximately £659,486.
28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £550,000 | £109,486 | £659,486 |
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 | -19.216 % | £-105,686 | £444,313 |
3 Month Average | -16.930 % | £-93,114 | £456,885 |
6 Month Average | -0.155 % | £-854 | £549,145 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jul 2023 | £430,798 | £425,000 | 6 WALTERS CLOSE |
12 Apr 2023 | £515,551 | £510,000 | 20 WALTERS CLOSE |
4 Apr 2023 | £555,986 | £550,000 | 83 WATCHOUSE ROAD |
1 Jul 2022 | £290,783 | £290,000 | 7 WILLOW BANK |
24 May 2022 | £468,834 | £460,000 | 1 WELL LANE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 21 Jun 2019. Using an estimated price of £659,486 means this house is valued at £5,361 per sq meter (£498 per sq foot).
The average size of a house on WATCHOUSE ROAD is 112 sq meters (1,206 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Willowbank |
Dec 2023 | Burglary | Unable to prosecute suspect | On or near Keene Way |
Mar 2024 | Public order | Under investigation | On or near Home Mead |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Home Mead |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Home Mead |