£789,442
This estimated value is based upon the latest sale price for the house of £405,000 on 22 Jul 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
4 Torquay Road, Chelmsford, CM1 6NF
Phone: 01245378576
| Price Paid | Date |
|---|---|
| £405,000 | 22 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 177 sq meters or 1,905 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 2004 the House Price Index for ESSEX was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £405,000 results in an estimated price of approximately £789,442.
| 22 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £405,000 | £384,442 | £789,442 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 60.995 % | £247,029 | £652,029 |
| 3 Month Average | 70.078 % | £283,815 | £688,815 |
| 6 Month Average | 81.699 % | £330,882 | £735,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £405,457 | £400,000 | 73 WALLASEA GARDENS |
| 15 Jun 2023 | £359,353 | £355,000 | 28 WALLASEA GARDENS |
| 13 Jan 2022 | £434,118 | £412,500 | 338 SPRINGFIELD ROAD |
| 20 Dec 2021 | £364,268 | £340,000 | 69 WALLASEA GARDENS |
| 10 Nov 2021 | £329,862 | £305,000 | 27 OXFORD COURT |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 3 Aug 2018. Using an estimated price of £789,443 means this house is valued at £4,460 per sq meter (£414 per sq foot).
The average size of a house on THE LEYS is 123 sq meters (1,330 sq feet).
This house is the largest in the street with a floor area of 177 sq meters (1,905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Oxford Court | |
| Feb 2024 | Anti-social behaviour | On or near Oxford Court | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wallasea Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Robert Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Robert Close |