£495,778
This estimated value is based upon the latest sale price for the house of £234,000 on 10 Feb 2004. 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 |
---|---|
£234,000 | 10 Feb 2004 |
£156,950 | 15 Jan 2001 |
Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2004 the House Price Index for ESSEX was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £234,000 results in an estimated price of approximately £495,778.
10 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 148.6 | 111.871 % | £234,000 | £261,778 | £495,778 |
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 | 124.156 % | £290,524 | £524,524 |
3 Month Average | 79.852 % | £186,854 | £420,854 |
6 Month Average | 106.156 % | £248,404 | £482,404 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £335,877 | £330,000 | 11 KNAPTON CLOSE |
17 Aug 2023 | £413,618 | £410,000 | 1 KNAPTON CLOSE |
30 Jun 2023 | £425,150 | £420,000 | 12 GAIGER CLOSE |
28 Apr 2023 | £475,116 | £470,000 | 18 BRIARSWOOD |
27 Jan 2023 | £199,062 | £200,000 | 118 TRENCHARD CRESCENT |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 8 May 2013. Using an estimated price of £495,778 means this house is valued at £4,957 per sq meter (£460 per sq foot).
The average size of a house on KNAPTON CLOSE is 88 sq meters (957 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Unable to prosecute suspect | On or near Knapton Close |
Feb 2024 | Drugs | Awaiting court outcome | On or near Knapton Close |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Knapton Close |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Knapton Close |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Knapton Close |