£558,792
This estimated value is based upon the latest sale price for the house of £355,000 on 4 Mar 2014. 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 |
---|---|
£355,000 | 4 Mar 2014 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 2014 the House Price Index for ESSEX was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £355,000 results in an estimated price of approximately £558,792.
4 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £355,000 | £203,792 | £558,792 |
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 | 0.860 % | £3,053 | £358,053 |
3 Month Average | 45.231 % | £160,570 | £515,570 |
6 Month Average | 60.388 % | £214,377 | £569,377 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £468,192 | £460,000 | 9 WELLS COURT |
16 Nov 2023 | £391,334 | £385,540 | 130 BODMIN ROAD |
14 Aug 2023 | £655,737 | £650,000 | 104 BODMIN ROAD |
10 Mar 2023 | £671,325 | £665,000 | 1 TOTNES WALK |
6 Feb 2023 | £436,206 | £436,500 | 4 DARTMOUTH ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 21 Oct 2013. Using an estimated price of £558,792 means this house is valued at £5,701 per sq meter (£529 per sq foot).
There is one other house on the street which we know the size of, this is 7 LYNTON DRIVE it is 110.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lynton Drive |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Burnham Road |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | 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 |