£245,000
This estimated value is based upon the latest sale price for the house of £245,000 on 22 May 2024. 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 |
|---|---|
| £245,000 | 22 May 2024 |
| 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 May 2024 the House Price Index for ESSEX was 149.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £245,000 results in an estimated price of approximately £245,000.
| 22 May 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.7 | 149.7 | 0.000 % | £245,000 | £0 | £245,000 |
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 | 5.840 % | £14,308 | £259,308 |
| 3 Month Average | 5.291 % | £12,961 | £257,961 |
| 6 Month Average | 2.323 % | £5,690 | £250,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £245,000 | £245,000 | 14 WINDRUSH DRIVE |
| 29 Apr 2024 | £252,190 | £250,000 | 6 BIRK BECK WAVENEY DRIVE |
| 30 Jun 2023 | £408,180 | £400,000 | 7 MEON CLOSE |
| 27 Mar 2023 | £185,091 | £182,000 | 42 TAMAR RISE |
| 28 Feb 2023 | £407,724 | £405,000 | 72 TAMAR RISE |
| 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 |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tamar Rise |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tamar Rise |