£596,070
This estimated value is based upon the latest sale price for the house of £345,000 on 14 Feb 2012. 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 |
---|---|
£345,000 | 14 Feb 2012 |
£172,000 | 28 Sep 2001 |
Semi-Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 February 2012 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £345,000 results in an estimated price of approximately £596,070.
14 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.774 % | £345,000 | £251,070 | £596,070 |
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 | 73.775 % | £254,523 | £599,523 |
3 Month Average | 66.727 % | £230,208 | £575,208 |
6 Month Average | 60.929 % | £210,205 | £555,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2024 | £645,000 | £645,000 | 12 GOLDENACRES |
18 Dec 2023 | £696,399 | £675,000 | 6 BEAUCHAMPS CLOSE |
1 Sep 2023 | £674,877 | £660,000 | 33 GOLDENACRES |
14 Aug 2023 | £458,265 | £450,000 | 30 GOLDENACRES |
14 Aug 2023 | £661,939 | £650,000 | 7 GOLDENACRES |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 18 Jul 2011. Using an estimated price of £596,071 means this house is valued at £4,806 per sq meter (£446 per sq foot).
The average size of a house on GOLDENACRES is 115 sq meters (1,248 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A130 |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Shire Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hunters Way |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
Oct 2024 | Drugs | Local resolution | On or near Parking Area |