£309,986
This estimated value is based upon the latest sale price for the house of £182,000 on 19 Feb 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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4 Torquay Road, Chelmsford, CM1 6NF
Phone: 01245378576
Price Paid | Date |
---|---|
£182,000 | 19 Feb 2010 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,165 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 February 2010 the House Price Index for ESSEX was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £182,000 results in an estimated price of approximately £309,986.
19 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 148.6 | 70.322 % | £182,000 | £127,986 | £309,986 |
The Postcode Pricing Model uses changes in average sales price within the CM1 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 | 89.942 % | £163,693 | £345,693 |
3 Month Average | 50.603 % | £92,098 | £274,098 |
6 Month Average | 64.860 % | £118,045 | £300,045 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £417,301 | £410,000 | 11 OSEA WAY |
13 Mar 2023 | £363,424 | £360,000 | 1 IRIS CLOSE |
17 Jan 2023 | £375,232 | £377,000 | 10 OSEA WAY |
8 Sep 2022 | £351,958 | £354,800 | 4 IRIS CLOSE |
6 May 2022 | £221,677 | £217,500 | 13 OASIS COURT |
This house has a floor area of 108 sq meters or 1,165 sq feet when measured on 26 Sep 2009. Using an estimated price of £309,987 means this house is valued at £2,862 per sq meter (£265 per sq foot).
The average size of a house on OSEA WAY is 99 sq meters (1,073 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cornflower Drive |
Mar 2024 | Robbery | Awaiting court outcome | On or near Honeysuckle Path |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |