£571,934
This estimated value is based upon the latest sale price for the house of £114,995 on 29 Aug 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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First Floor, Nelson House, 23 - 27 Moulsham Street, Chelmsford, CM2 0XQ
Phone: 01245679722
Price Paid | Date |
---|---|
£114,995 | 29 Aug 1997 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 August 1997 the House Price Index for ESSEX was 29.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 397.356%.Applying this 397.356% change to the original purchase price of £114,995 results in an estimated price of approximately £571,934.
29 Aug 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.5 | 146.7 | 397.356 % | £114,995 | £456,939 | £571,934 |
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 | 350.159 % | £402,664 | £517,659 |
3 Month Average | 373.609 % | £429,631 | £544,626 |
6 Month Average | 410.659 % | £472,236 | £587,231 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 3 Sep 2014.
The average size of a house on FORTINBRAS WAY is 89 sq meters (960 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Supermarket |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Supermarket |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Moulsham Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Moulsham Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Moulsham Drive |