£765,656
This estimated value is based upon the latest sale price for the house of £575,000 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Upper Roman Road
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74 Moulsham Street, Chelmsford, CM2 0JA
Phone: 01245409103
| Price Paid | Date |
|---|---|
| £575,000 | 8 Jul 2016 |
| £242,000 | 11 Jul 2008 |
| £75,500 | 10 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 July 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £575,000 results in an estimated price of approximately £765,656.
| 8 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £575,000 | £190,656 | £765,656 |
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 | 8.724 % | £50,163 | £625,163 |
| 3 Month Average | 13.348 % | £76,752 | £651,752 |
| 6 Month Average | 21.861 % | £125,699 | £700,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £296,896 | £292,500 | 35 ROMAN ROAD |
| 2 Nov 2023 | £427,327 | £421,000 | 2 GROVE ROAD |
| 14 Jul 2023 | £600,583 | £592,500 | 25 UPPER ROMAN ROAD |
| 14 Apr 2022 | £411,920 | £400,000 | 19 GROVE ROAD |
| 4 Mar 2022 | £435,230 | £420,000 | 3 GROVE ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 2 Feb 2016. Using an estimated price of £765,656 means this house is valued at £5,548 per sq meter (£515 per sq foot).
The average size of a house on UPPER ROMAN ROAD is 109 sq meters (1,179 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Upper Roman Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grove Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grove Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Mildmay Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Mildmay Road |