£252,361
This estimated value is based upon the latest sale price for the house of £197,500 on 1 Dec 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 |
---|---|
£197,500 | 1 Dec 2017 |
£46,000 | 25 Apr 1997 |
£42,250 | 28 Apr 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 545 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 December 2017 the House Price Index for ESSEX was 79.2.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 27.778%.Applying this 27.778% change to the original purchase price of £197,500 results in an estimated price of approximately £252,361.
1 Dec 2017 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.2 | 101.2 | 27.778 % | £197,500 | £54,861 | £252,361 |
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 | -11.387 % | £-22,489 | £175,010 |
3 Month Average | 13.209 % | £26,087 | £223,587 |
6 Month Average | 11.465 % | £22,643 | £220,143 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2024 | £195,580 | £195,000 | 36 EARLSFIELD DRIVE |
26 Jul 2024 | £230,233 | £225,000 | 50 EARLSFIELD DRIVE |
8 Sep 2023 | £226,952 | £220,000 | 28 EARLSFIELD DRIVE |
1 Jun 2023 | £219,866 | £214,000 | 106 RAMSHAW DRIVE |
5 May 2023 | £308,537 | £300,000 | 23 RAMSHAW DRIVE |
This house has a floor area of 50 sq meters or 545 sq feet when measured on 3 Mar 2009. Using an estimated price of £252,361 means this house is valued at £4,980 per sq meter (£462 per sq foot).
The average size of a house on EARLSFIELD DRIVE is 57 sq meters (614 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Violence and sexual offences | Under investigation | On or near Earlsfield Drive |
Oct 2024 | Drugs | Action to be taken by another organisation | On or near Wilshire Avenue |
Nov 2024 | Anti-social behaviour | On or near Samuel Manor | |
Nov 2024 | Anti-social behaviour | On or near Samuel Manor | |
Nov 2024 | Anti-social behaviour | On or near Samuel Manor |