£489,666
This estimated value is based upon the latest sale price for the house of £490,000 on 12 Jul 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 |
|---|---|
| £490,000 | 12 Jul 2023 |
| £355,000 | 11 Mar 2020 |
| £360,000 | 31 Oct 2017 |
| £192,000 | 29 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 July 2023 the House Price Index for ESSEX was 146.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.068%.Applying this -0.068% change to the original purchase price of £490,000 results in an estimated price of approximately £489,666.
| 12 Jul 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 146.7 | -0.068 % | £490,000 | £-333 | £489,666 |
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 | -19.500 % | £-95,548 | £394,451 |
| 3 Month Average | -12.094 % | £-59,261 | £430,738 |
| 6 Month Average | -4.060 % | £-19,893 | £470,106 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 9 Jun 2017.
The average size of a house on ORCHARD CLOSE is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Orchard Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrel Way |
| Mar 2024 | Burglary | Under investigation | On or near Petrel Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrel Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Firecrest Road |