£290,353
This estimated value is based upon the latest sale price for the house of £168,000 on 18 Dec 2009. 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 |
---|---|
£168,000 | 18 Dec 2009 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 875 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 December 2009 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £168,000 results in an estimated price of approximately £290,353.
18 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.830 % | £168,000 | £122,353 | £290,353 |
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 | 24.082 % | £40,457 | £208,457 |
3 Month Average | 41.873 % | £70,347 | £238,347 |
6 Month Average | 55.997 % | £94,075 | £262,075 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £282,471 | £280,000 | 39 ORANGE TREE CLOSE |
1 Aug 2023 | £375,788 | £372,500 | 135 LUCAS AVENUE |
12 Apr 2023 | £279,004 | £276,000 | 46 ORANGE TREE CLOSE |
31 Oct 2022 | £316,591 | £320,000 | 17 CYPRESS DRIVE |
16 Sep 2021 | £323,278 | £300,000 | 188 GLOUCESTER AVENUE |
This house has a floor area of 81 sq meters or 875 sq feet when measured on 17 Aug 2009. Using an estimated price of £290,354 means this house is valued at £3,569 per sq meter (£331 per sq foot).
The average size of a house on LUCAS AVENUE is 92 sq meters (995 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cypress Drive |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Supermarket |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Parking Area |