£342,025
This estimated value is based upon the latest sale price for the house of £61,500 on 12 Apr 1996. 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 Laburnum Drive
More crime details
Get our free house price tracker.
74 Moulsham Street, Chelmsford, CM2 0JA
Phone: 01245409103
| Price Paid | Date |
|---|---|
| £61,500 | 12 Apr 1996 |
| Semi-Detached |
| Freehold |
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 1996 the House Price Index for ESSEX was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 456.139%.Applying this 456.139% change to the original purchase price of £61,500 results in an estimated price of approximately £342,025.
| 12 Apr 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 456.139 % | £61,500 | £280,525 | £342,025 |
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 | 465.008 % | £285,980 | £347,480 |
| 3 Month Average | 494.738 % | £304,263 | £365,763 |
| 6 Month Average | 517.832 % | £318,466 | £379,966 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laburnum Drive |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Laburnum Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Laburnum Drive |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Lime Walk |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Lime Walk |