£405,225
This estimated value is based upon the latest sale price for the house of £305,050 on 12 Sep 2016. 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 Knapton Close
More crime details
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4 Torquay Road, Chelmsford, CM1 6NF
Phone: 01245378576
Price Paid | Date |
---|---|
£305,050 | 12 Sep 2016 |
£146,000 | 5 Jul 2002 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £305,050 results in an estimated price of approximately £405,225.
12 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £305,050 | £100,175 | £405,225 |
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 | 9.340 % | £28,490 | £333,540 |
3 Month Average | -5.621 % | £-17,145 | £287,904 |
6 Month Average | 9.259 % | £28,243 | £333,293 |
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 |
17 Jan 2023 | £348,359 | £350,000 | 10 KNAPTON CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Jul 2016. Using an estimated price of £405,226 means this house is valued at £5,403 per sq meter (£501 per sq foot).
The average size of a house on KNAPTON CLOSE is 88 sq meters (957 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | 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 |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Knapton Close |