£456,324
This estimated value is based upon the latest sale price for the house of £248,000 on 6 Jun 2009. 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 |
---|---|
£248,000 | 6 Jun 2009 |
Semi-Detached |
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 June 2009 the House Price Index for ESSEX was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £248,000 results in an estimated price of approximately £456,324.
6 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 84.002 % | £248,000 | £208,324 | £456,324 |
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 | 8.248 % | £20,454 | £268,454 |
3 Month Average | 63.341 % | £157,085 | £405,085 |
6 Month Average | 90.793 % | £225,166 | £473,166 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £1,015,027 | £1,000,000 | 40 SEVEN ASH GREEN |
24 Nov 2023 | £431,387 | £425,000 | 4 ORFORD CRESCENT |
6 Sep 2023 | £769,843 | £760,000 | 168 ARBOUR LANE |
20 Apr 2023 | £470,061 | £465,000 | 22 ALDEBURGH WAY |
28 Mar 2022 | £694,296 | £670,000 | 11 SEVEN ASH GREEN |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Mulberry Way |
Dec 2023 | Drugs | Local resolution | On or near Mulberry Way |
Dec 2023 | Possession of weapons | Local resolution | On or near Mulberry Way |
Dec 2023 | Drugs | Local resolution | On or near Mulberry Way |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Acer Grove |