£997,068
This estimated value is based upon the latest sale price for the house of £879,995 on 7 Dec 2020. 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 |
|---|---|
| £879,995 | 7 Dec 2020 |
| £500,000 | 3 Sep 2004 |
| Detached |
| Freehold |
| Floor Area: 223 sq meters or 2,400 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 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £879,995 results in an estimated price of approximately £997,068.
| 7 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 146.7 | 13.304 % | £879,995 | £117,073 | £997,068 |
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 | -13.990 % | £-123,109 | £756,885 |
| 3 Month Average | -10.031 % | £-88,273 | £791,721 |
| 6 Month Average | -1.056 % | £-9,295 | £870,699 |
This house has a floor area of 223 sq meters or 2,400 sq feet when measured on 12 Jul 2019.
The average size of a house on BEEHIVE LANE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Orchard Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Firecrest Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Beehive Lane |
| Mar 2024 | Burglary | Under investigation | On or near Petrel Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrel Way |