£131,953
This estimated value is based upon the latest sale price for the house of £130,000 on 20 Nov 2023. 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 |
|---|---|
| £130,000 | 20 Nov 2023 |
| £159,000 | 30 Apr 2010 |
| £68,000 | 29 Jan 2001 |
| £35,000 | 28 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 November 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £130,000 results in an estimated price of approximately £131,953.
| 20 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £130,000 | £1,953 | £131,953 |
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 | -7.324 % | £-9,521 | £120,478 |
| 3 Month Average | -5.792 % | £-7,529 | £122,470 |
| 6 Month Average | -5.169 % | £-6,719 | £123,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £108,397 | £106,500 | 66 GODFREYS MEWS |
| 20 Nov 2023 | £131,954 | £130,000 | 32 GODFREYS MEWS |
| 29 Sep 2023 | £202,590 | £200,000 | 60 GODFREYS MEWS |
| 31 Aug 2023 | £181,589 | £180,000 | 41 GODFREYS MEWS |
| 28 Jul 2023 | £182,456 | £180,000 | 44 GODFREYS MEWS |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 4 Sep 2020. Using an estimated price of £131,954 means this house is valued at £2,807 per sq meter (£260 per sq foot).
The average size of a house on GODFREYS MEWS is 53 sq meters (572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Godfreys Mews |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Godfreys Mews |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Godfreys Mews |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Godfreys Mews |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Godfreys Mews |