£222,861
This estimated value is based upon the latest sale price for the house of £220,000 on 10 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 |
|---|---|
| £220,000 | 10 Nov 2023 |
| £217,500 | 7 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £220,000 results in an estimated price of approximately £222,861.
| 10 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £220,000 | £2,861 | £222,861 |
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 | -25.885 % | £-56,946 | £163,053 |
| 3 Month Average | -12.532 % | £-27,570 | £192,429 |
| 6 Month Average | -7.943 % | £-17,473 | £202,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £235,797 | £235,000 | FLAT 13 CHELMER LODGE, 111 NEW LONDON ROAD |
| 10 Nov 2023 | £222,861 | £220,000 | 11 BAILEY COURT NEW WRITTLE STREET |
| 10 Feb 2023 | £375,723 | £377,500 | FLAT 20 CHELMER LODGE, 111 NEW LONDON ROAD |
| 17 Jun 2022 | £292,969 | £290,000 | 31 HAYES CLOSE |
| 17 Dec 2021 | £250,757 | £235,000 | 44 BAILEY COURT NEW WRITTLE STREET |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 28 Jun 2013. Using an estimated price of £222,861 means this house is valued at £4,952 per sq meter (£460 per sq foot).
The average size of a house on NEW WRITTLE STREET is 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near County Place |
| 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 |
| Apr 2024 | Theft from the person | Under investigation | On or near Hayes Close |