£432,074
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Dec 2009. 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 |
|---|---|
| £250,000 | 4 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 930 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 December 2009 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £250,000 results in an estimated price of approximately £432,074.
| 4 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £250,000 | £182,074 | £432,074 |
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 | 24.082 % | £60,204 | £310,204 |
| 3 Month Average | 41.873 % | £104,683 | £354,683 |
| 6 Month Average | 55.997 % | £139,993 | £389,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £749,584 | £740,000 | 11 GORDON ROAD |
| 8 Aug 2023 | £807,060 | £800,000 | 45 LONGSTOMPS AVENUE |
| 31 Mar 2023 | £837,894 | £830,000 | 119 LONGSTOMPS AVENUE |
| 30 Mar 2023 | £403,804 | £400,000 | 30 GLOUCESTER AVENUE |
| 1 Jun 2022 | £1,370,366 | £1,351,000 | 98 LONGSTOMPS AVENUE |
This house has a floor area of 86 sq meters or 930 sq feet when measured on 1 Jul 2009. Using an estimated price of £432,074 means this house is valued at £5,000 per sq meter (£464 per sq foot).
The average size of a house on GLOUCESTER AVENUE is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Longstomps Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gordon Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gordon Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillside Grove |