£401,814
This estimated value is based upon the latest sale price for the house of £265,000 on 29 Sep 2014. 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 |
|---|---|
| £265,000 | 29 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 September 2014 the House Price Index for ESSEX was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £265,000 results in an estimated price of approximately £401,814.
| 29 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £265,000 | £136,814 | £401,814 |
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 | 58.951 % | £156,220 | £421,220 |
| 3 Month Average | 45.365 % | £120,216 | £385,216 |
| 6 Month Average | 43.454 % | £115,153 | £380,153 |
| 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 72 sq meters or 775 sq feet when measured on 4 Jun 2013. Using an estimated price of £401,814 means this house is valued at £5,580 per sq meter (£518 per sq foot).
The average size of a house on WALTERS CLOSE is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lyon Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willowbank |
| Aug 2024 | Drugs | Offender given a caution | On or near Willowbank |