£442,937
This estimated value is based upon the latest sale price for the house of £336,950 on 14 Jul 2016. 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 Wellmeads
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74 Moulsham Street, Chelmsford, CM2 0JA
Phone: 01245409103
| Price Paid | Date |
|---|---|
| £336,950 | 14 Jul 2016 |
| £230,000 | 13 Sep 2006 |
| £172,000 | 21 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £336,950 results in an estimated price of approximately £442,937.
| 14 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £336,950 | £105,987 | £442,937 |
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 | 8.724 % | £29,395 | £366,345 |
| 3 Month Average | 13.348 % | £44,977 | £381,927 |
| 6 Month Average | 21.861 % | £73,659 | £410,609 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 15 Mar 2016.
The average size of a house on NURSERY ROAD is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellmeads |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellmeads |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Nursery Road |
| Mar 2024 | Burglary | Under investigation | On or near Nursery Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nursery Road |