£352,839
This estimated value is based upon the latest sale price for the house of £215,000 on 9 Feb 2007. 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 |
|---|---|
| £215,000 | 9 Feb 2007 |
| £118,000 | 6 Dec 2001 |
| Terraced |
| Freehold |
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 2007 the House Price Index for ESSEX was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £215,000 results in an estimated price of approximately £352,839.
| 9 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £215,000 | £137,839 | £352,839 |
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 | 59.792 % | £128,552 | £343,552 |
| 3 Month Average | 73.833 % | £158,740 | £373,740 |
| 6 Month Average | 71.368 % | £153,441 | £368,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £408,180 | £400,000 | 7 MEON CLOSE |
| 24 Mar 2023 | £610,190 | £600,000 | 17 LAWN LANE |
| 3 Mar 2023 | £183,057 | £180,000 | 86 MEON CLOSE |
| 11 Nov 2022 | £547,440 | £550,000 | 8 HUMBER ROAD |
| 5 Oct 2022 | £15,947 | £16,000 | GARAGE 61 MEON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Meon Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meon Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meon Close |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Humber Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Lawn Lane |