£521,132
This estimated value is based upon the latest sale price for the house of £190,000 on 23 Aug 2002. 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 |
|---|---|
| £190,000 | 23 Aug 2002 |
| Detached |
| 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 August 2002 the House Price Index for ESSEX was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £190,000 results in an estimated price of approximately £521,132.
| 23 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £190,000 | £331,132 | £521,132 |
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 | 64.321 % | £122,209 | £312,209 |
| 3 Month Average | 118.054 % | £224,301 | £414,301 |
| 6 Month Average | 152.546 % | £289,837 | £479,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 29 Jul 2022 | £501,350 | £500,000 | 178 BEARDSLEY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Beardsley Drive |
| Mar 2024 | Other theft | Under investigation | On or near Daffodil Way |