£206,343
This estimated value is based upon the latest sale price for the house of £127,000 on 15 Nov 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 |
|---|---|
| £127,000 | 15 Nov 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 615 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 2013 the House Price Index for ESSEX was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £127,000 results in an estimated price of approximately £206,343.
| 15 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £127,000 | £79,343 | £206,343 |
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 | 45.519 % | £57,808 | £184,808 |
| 3 Month Average | 45.125 % | £57,308 | £184,308 |
| 6 Month Average | 51.882 % | £65,890 | £192,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £557,123 | £550,000 | 27 MORETONS |
| 14 Sep 2023 | £202,590 | £200,000 | 221 BARNARD ROAD |
| 17 Aug 2023 | £524,589 | £520,000 | 50 WELL LANE |
| 31 Mar 2023 | £158,493 | £157,000 | 78 BARNARD ROAD |
| 24 Jan 2023 | £427,984 | £430,000 | 100 WELL LANE |
This house has a floor area of 57 sq meters or 615 sq feet when measured on 21 May 2010. Using an estimated price of £206,343 means this house is valued at £3,608 per sq meter (£335 per sq foot).
The average size of a house on WEST LAWN is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moretons |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Moretons |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moretons |
| Mar 2024 | Other theft | Under investigation | On or near Moretons |
| Mar 2024 | Drugs | Local resolution | On or near Moretons |