£430,940
This estimated value is based upon the latest sale price for the house of £290,000 on 6 Jan 2015. 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 |
|---|---|
| £290,000 | 6 Jan 2015 |
| £66,000 | 29 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 January 2015 the House Price Index for ESSEX was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £290,000 results in an estimated price of approximately £430,940.
| 6 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £290,000 | £140,940 | £430,940 |
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 | 44.439 % | £128,872 | £418,872 |
| 3 Month Average | 20.338 % | £58,980 | £348,980 |
| 6 Month Average | 34.845 % | £101,050 | £391,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £539,438 | £530,000 | 33 CARRIAGE DRIVE |
| 10 Jan 2022 | £247,316 | £235,000 | 43 CARRIAGE DRIVE |
| 29 Jun 2021 | £520,368 | £485,000 | 55 CARRIAGE DRIVE |
| 16 Dec 2020 | £252,497 | £220,000 | 48 STIRRUP CLOSE |
| 13 Mar 2020 | £216,799 | £180,000 | 37 CARRIAGE DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 30 Jul 2020. Using an estimated price of £430,940 means this house is valued at £5,596 per sq meter (£519 per sq foot).
The average size of a house on CARRIAGE DRIVE is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carriage Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stirrup Close |
| Jan 2024 | Anti-social behaviour | On or near New Nabbotts Way | |
| Jan 2024 | Anti-social behaviour | On or near New Nabbotts Way | |
| Jan 2024 | Anti-social behaviour | On or near New Nabbotts Way |