£315,400
This estimated value is based upon the latest sale price for the house of £187,250 on 10 Apr 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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First Floor, Nelson House, 23 - 27 Moulsham Street, Chelmsford, CM2 0XQ
Phone: 01245679722
Price Paid | Date |
---|---|
£187,250 | 10 Apr 2012 |
£174,950 | 29 Mar 2005 |
£79,995 | 6 Mar 1998 |
Terraced |
Freehold |
Floor Area: 34 sq meters or 368 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 April 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.438%.Applying this 68.438% change to the original purchase price of £187,250 results in an estimated price of approximately £315,400.
10 Apr 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 146.7 | 68.438 % | £187,250 | £128,150 | £315,400 |
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 | 32.837 % | £61,487 | £248,737 |
3 Month Average | 44.778 % | £83,847 | £271,097 |
6 Month Average | 56.252 % | £105,331 | £292,581 |
This house has a floor area of 34 sq meters or 368 sq feet when measured on 4 Jan 2012.
The average size of a house on FORTINBRAS WAY is 89 sq meters (960 sq feet).
This house is the smallest in the street with a floor area of 34 sq meters (368 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Supermarket |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Supermarket |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Moulsham Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Moulsham Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Moulsham Drive |