£228,039
This estimated value is based upon the latest sale price for the house of £149,250 on 4 Jul 2014. 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 |
---|---|
£149,250 | 4 Jul 2014 |
£125,000 | 14 Jul 2010 |
£56,000 | 7 Dec 1999 |
£38,300 | 19 Dec 1997 |
Terraced |
Freehold |
Floor Area: 39 sq meters or 419 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £149,250 results in an estimated price of approximately £228,039.
4 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £149,250 | £78,789 | £228,039 |
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 | 12.327 % | £18,397 | £167,647 |
3 Month Average | 35.647 % | £53,203 | £202,453 |
6 Month Average | 49.146 % | £73,350 | £222,600 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £122,137 | £120,000 | 10 CONSTABLE VIEW |
26 Sep 2023 | £435,569 | £430,000 | 2 BEARDSLEY DRIVE |
31 Oct 2022 | £425,419 | £430,000 | 58 BEARDSLEY DRIVE |
25 Aug 2022 | £244,342 | £245,000 | 88 BEARDSLEY DRIVE |
29 Jul 2022 | £601,619 | £600,000 | 114 BEARDSLEY DRIVE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 18 Jul 2012. Using an estimated price of £228,040 means this house is valued at £5,847 per sq meter (£543 per sq foot).
The average size of a house on BEARDSLEY DRIVE is 64 sq meters (697 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Beardsley Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bouchers Mead |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Vermeer Ride |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Vermeer Ride |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Vermeer Ride |