£418,915
This estimated value is based upon the latest sale price for the house of £365,000 on 14 Dec 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 |
|---|---|
| £365,000 | 14 Dec 2020 |
| £355,000 | 30 Jun 2017 |
| £183,745 | 5 Apr 2006 |
| £150,000 | 23 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £365,000 results in an estimated price of approximately £418,915.
| 14 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £365,000 | £53,915 | £418,915 |
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 | -41.696 % | £-152,188 | £212,811 |
| 3 Month Average | -11.553 % | £-42,169 | £322,830 |
| 6 Month Average | -4.120 % | £-15,038 | £349,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £361,322 | £355,000 | 1 LILY CLOSE |
| 24 Nov 2023 | £118,758 | £117,000 | 23 LUPIN DRIVE |
| 21 Nov 2023 | £182,705 | £180,000 | 15 LUPIN DRIVE |
| 4 Aug 2023 | £191,677 | £190,000 | 32 AZALEA COURT |
| 1 Aug 2023 | £204,792 | £203,000 | 29 AZALEA COURT |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 21 Feb 2017. Using an estimated price of £418,915 means this house is valued at £4,147 per sq meter (£385 per sq foot).
The average size of a house on SUNFLOWER CLOSE is 81 sq meters (882 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lupin Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lupin Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lupin Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lupin Drive |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Lupin Drive |