£751,269
This estimated value is based upon the latest sale price for the house of £700,000 on 28 Sep 2021. 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 Peregrine Drive
More crime details
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74 Moulsham Street, Chelmsford, CM2 0JA
Phone: 01245409103
| Price Paid | Date |
|---|---|
| £700,000 | 28 Sep 2021 |
| Freehold |
| Floor Area: 92 sq meters or 990 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £700,000 results in an estimated price of approximately £751,269.
| 28 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £700,000 | £51,269 | £751,269 |
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 | -35.325 % | £-247,275 | £452,724 |
| 3 Month Average | -16.323 % | £-114,259 | £585,740 |
| 6 Month Average | -7.979 % | £-55,851 | £644,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £379,877 | £375,000 | 17 PEREGRINE DRIVE |
| 18 Nov 2022 | £381,415 | £387,600 | 634 GALLEYWOOD ROAD |
| 28 Jan 2022 | £576,487 | £550,000 | 672 GALLEYWOOD ROAD |
| 13 Jan 2022 | £592,210 | £565,000 | 5 PEREGRINE DRIVE |
| 10 Dec 2021 | £458,832 | £430,000 | 29 OSPREY WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 10 Jun 2021. Using an estimated price of £751,269 means this house is valued at £8,165 per sq meter (£758 per sq foot).
The average size of a house on GALLEYWOOD ROAD is 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Peregrine Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peregrine Drive |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Peregrine Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Galleywood Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Galleywood Road |