£311,569
This estimated value is based upon the latest sale price for the house of £181,500 on 11 Aug 2006. 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 |
|---|---|
| £181,500 | 11 Aug 2006 |
| £65,000 | 29 Sep 2000 |
| £47,000 | 5 Jan 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 2006 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £181,500 results in an estimated price of approximately £311,569.
| 11 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £181,500 | £130,069 | £311,569 |
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 | 49.146 % | £89,200 | £270,700 |
| 3 Month Average | 60.237 % | £109,329 | £290,829 |
| 6 Month Average | 71.819 % | £130,351 | £311,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £235,000 | £235,000 | FLAT 13 CHELMER LODGE, 111 NEW LONDON ROAD |
| 10 Nov 2023 | £223,306 | £220,000 | 11 BAILEY COURT NEW WRITTLE STREET |
| 8 Sep 2023 | £202,590 | £200,000 | FLAT 33 CHELMER LODGE, 111 NEW LONDON ROAD |
| 10 Feb 2023 | £377,246 | £377,500 | FLAT 20 CHELMER LODGE, 111 NEW LONDON ROAD |
| 17 Jun 2022 | £294,157 | £290,000 | 31 HAYES CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 May 2015. Using an estimated price of £311,569 means this house is valued at £3,581 per sq meter (£332 per sq foot).
The average size of a house on HAYES CLOSE is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Writtle Street |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near New Writtle Street |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near County Place |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near County Place |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near County Place |