£379,647
This estimated value is based upon the latest sale price for the house of £160,950 on 26 Jun 2003. 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 |
|---|---|
| £160,950 | 26 Jun 2003 |
| £102,000 | 29 Sep 2000 |
| Terraced |
| 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 2003 the House Price Index for ESSEX was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £160,950 results in an estimated price of approximately £379,647.
| 26 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £160,950 | £218,697 | £379,647 |
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 | 39.459 % | £63,509 | £224,459 |
| 3 Month Average | 98.676 % | £158,819 | £319,769 |
| 6 Month Average | 120.368 % | £193,732 | £354,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £432,569 | £425,000 | 113 FALMOUTH ROAD |
| 5 Aug 2022 | £463,752 | £465,000 | 8 GREAT COB |
| 1 Apr 2022 | £375,877 | £365,000 | 47 GREAT COB |
| 18 Feb 2022 | £406,369 | £387,500 | 54 RUSHLEYDALE |
| 29 Oct 2021 | £453,656 | £410,000 | 16 GREAT COB |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Helston Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Helston Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Anti-social behaviour | On or near Supermarket |