£301,645
This estimated value is based upon the latest sale price for the house of £168,500 on 27 Feb 2006. 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 |
|---|---|
| £168,500 | 27 Feb 2006 |
| £66,000 | 26 Jul 2000 |
| 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 February 2006 the House Price Index for ESSEX was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £168,500 results in an estimated price of approximately £301,645.
| 27 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £168,500 | £133,145 | £301,645 |
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 | 98.278 % | £165,598 | £334,098 |
| 3 Month Average | 93.763 % | £157,991 | £326,491 |
| 6 Month Average | 87.167 % | £146,876 | £315,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £386,980 | £380,000 | 22 CHURCHILL RISE |
| 30 Jun 2023 | £428,589 | £420,000 | 12 GAIGER CLOSE |
| 22 Mar 2023 | £347,808 | £342,000 | 23 MOUNTBATTEN WAY |
| 27 Jan 2023 | £200,536 | £200,000 | 118 TRENCHARD CRESCENT |
| 20 Jul 2022 | £422,231 | £418,000 | 48 TRENCHARD CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mountbatten Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montgomery Close |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Trenchard Crescent |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Trenchard Crescent |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Churchill Rise |