£609,663
This estimated value is based upon the latest sale price for the house of £450,000 on 29 Jan 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 Wellmeads
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74 Moulsham Street, Chelmsford, CM2 0JA
Phone: 01245409103
Price Paid | Date |
---|---|
£450,000 | 29 Jan 2016 |
£349,950 | 10 Jan 2014 |
£249,500 | 22 Jul 2005 |
£147,000 | 25 Nov 1999 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 January 2016 the House Price Index for ESSEX was 108.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 35.481%.Applying this 35.481% change to the original purchase price of £450,000 results in an estimated price of approximately £609,663.
29 Jan 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 146.7 | 35.481 % | £450,000 | £159,663 | £609,663 |
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 | 18.354 % | £82,591 | £532,591 |
3 Month Average | 17.689 % | £79,598 | £529,598 |
6 Month Average | 28.927 % | £130,173 | £580,173 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Oct 2013.
The average size of a house on MILDMAY ROAD is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellmeads |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellmeads |
Mar 2024 | Burglary | Under investigation | On or near Nursery Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Nursery Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Nursery Road |