£522,377
This estimated value is based upon the latest sale price for the house of £430,000 on 15 Aug 2019. 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 |
|---|---|
| £430,000 | 15 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.483%.Applying this 21.483% change to the original purchase price of £430,000 results in an estimated price of approximately £522,377.
| 15 Aug 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 146.7 | 21.483 % | £430,000 | £92,377 | £522,377 |
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 | 3.469 % | £14,918 | £444,918 |
| 3 Month Average | 0.232 % | £998 | £430,998 |
| 6 Month Average | 7.156 % | £30,769 | £460,769 |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 26 Apr 2019.
The average size of a house on GLOUCESTER AVENUE is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heath Drive |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Tylers Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tylers Close |
| Jan 2024 | Other crime | Under investigation | On or near Tylers Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tylers Close |