£235,922
This estimated value is based upon the latest sale price for the house of £202,000 on 5 Nov 2020. 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 |
|---|---|
| £202,000 | 5 Nov 2020 |
| £177,000 | 11 Nov 2015 |
| £110,000 | 23 Jan 2004 |
| £44,000 | 12 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £202,000 results in an estimated price of approximately £235,922.
| 5 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £202,000 | £33,922 | £235,922 |
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 | 2.657 % | £5,366 | £207,366 |
| 3 Month Average | -6.689 % | £-13,511 | £188,488 |
| 6 Month Average | -2.237 % | £-4,518 | £197,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £403,504 | £400,000 | 150 WAVENEY DRIVE |
| 18 Mar 2024 | £225,464 | £222,000 | 29 TAMAR RISE |
| 30 Jun 2023 | £219,397 | £215,000 | 73 TAMAR RISE |
| 31 Mar 2023 | £198,312 | £195,000 | 63 TAMAR RISE |
| 27 Mar 2023 | £185,091 | £182,000 | 42 TAMAR RISE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 13 Jul 2015. Using an estimated price of £235,923 means this house is valued at £4,289 per sq meter (£398 per sq foot).
The average size of a house on TAMAR RISE is 66 sq meters (715 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boyne Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Boyne Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Swans Pasture |