£537,906
This estimated value is based upon the latest sale price for the house of £415,000 on 6 Mar 2017. 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 |
|---|---|
| £415,000 | 6 Mar 2017 |
| £273,000 | 13 May 2011 |
| £110,000 | 7 May 1999 |
| £88,000 | 6 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 662 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 March 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £415,000 results in an estimated price of approximately £537,906.
| 6 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £415,000 | £122,906 | £537,906 |
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 | -24.845 % | £-103,106 | £311,893 |
| 3 Month Average | 10.834 % | £44,961 | £459,961 |
| 6 Month Average | 17.979 % | £74,611 | £489,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £468,192 | £460,000 | 9 WELLS COURT |
| 29 Jun 2022 | £519,339 | £512,000 | 14 BURNHAM ROAD |
| 25 Apr 2022 | £597,283 | £580,000 | 40 TORQUAY ROAD |
| 26 Jan 2022 | £447,273 | £425,000 | 11 PAIGNTON AVENUE |
| 13 Jan 2022 | £657,755 | £625,000 | 54 TORQUAY ROAD |
This house has a floor area of 61 sq meters or 662 sq feet when measured on 23 Aug 2010. Using an estimated price of £537,906 means this house is valued at £8,736 per sq meter (£811 per sq foot).
The average size of a house on BURNHAM ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Burnham Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Burnham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burnham Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Burnham Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnham Road |