£607,440
This estimated value is based upon the latest sale price for the house of £490,000 on 28 Aug 2019. 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 |
|---|---|
| £490,000 | 28 Aug 2019 |
| £337,000 | 12 Jul 2013 |
| £85,000 | 30 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £490,000 results in an estimated price of approximately £607,440.
| 28 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £490,000 | £117,440 | £607,440 |
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 | 40.793 % | £199,883 | £689,883 |
| 3 Month Average | 11.789 % | £57,763 | £547,763 |
| 6 Month Average | 8.273 % | £40,537 | £530,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £485,000 | £485,000 | 1 WILLOW BANK |
| 12 Apr 2023 | £519,721 | £510,000 | 20 WALTERS CLOSE |
| 4 Apr 2023 | £560,483 | £550,000 | 83 WATCHOUSE ROAD |
| 1 Jul 2022 | £292,935 | £290,000 | 7 WILLOW BANK |
| 21 Mar 2022 | £438,452 | £420,000 | 94 WATCHOUSE ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 11 Jan 2013. Using an estimated price of £607,440 means this house is valued at £4,022 per sq meter (£373 per sq foot).
The average size of a house on KEENE WAY is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lyon Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Watchouse Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Watchouse Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willowbank |
| Aug 2024 | Drugs | Offender given a caution | On or near Willowbank |