£629,364
This estimated value is based upon the latest sale price for the house of £376,000 on 8 Mar 2013. 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 |
|---|---|
| £376,000 | 8 Mar 2013 |
| £345,000 | 12 Dec 2006 |
| £249,950 | 13 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 March 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £376,000 results in an estimated price of approximately £629,364.
| 8 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £376,000 | £253,364 | £629,364 |
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 | 38.156 % | £143,466 | £519,466 |
| 3 Month Average | 46.546 % | £175,011 | £551,011 |
| 6 Month Average | 58.071 % | £218,346 | £594,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £489,280 | £485,000 | 11 ST JOHNS AVENUE |
| 25 Aug 2023 | £534,678 | £530,000 | 69 MOULSHAM DRIVE |
| 10 Aug 2023 | £464,060 | £460,000 | 13 FORTINBRAS WAY |
| 23 Feb 2023 | £674,546 | £675,000 | 86 MOULSHAM DRIVE |
| 12 Jul 2022 | £651,754 | £650,000 | 103 MOULSHAM DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 23 May 2012. Using an estimated price of £629,365 means this house is valued at £4,955 per sq meter (£460 per sq foot).
The average size of a house on MOULSHAM DRIVE is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Moulsham Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Moulsham Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Moulsham Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Moulsham Drive |
| Mar 2024 | Public order | Under investigation | On or near Fortinbras Way |