£588,976
This estimated value is based upon the latest sale price for the house of £400,000 on 19 Dec 2014. 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 |
|---|---|
| £400,000 | 19 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2014 the House Price Index for ESSEX was 99.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.244%.Applying this 47.244% change to the original purchase price of £400,000 results in an estimated price of approximately £588,976.
| 19 Dec 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 146.7 | 47.244 % | £400,000 | £188,976 | £588,976 |
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 | 14.864 % | £59,455 | £459,455 |
| 3 Month Average | 29.146 % | £116,585 | £516,585 |
| 6 Month Average | 37.897 % | £151,586 | £551,586 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 18 Jul 2014.
The average size of a house on LONGSTOMPS AVENUE is 137 sq meters (1,481 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 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gordon Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gordon Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillside Grove |