£326,807
This estimated value is based upon the latest sale price for the house of £178,000 on 6 Oct 2005. 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 |
|---|---|
| £178,000 | 6 Oct 2005 |
| 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 October 2005 the House Price Index for ESSEX was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £178,000 results in an estimated price of approximately £326,807.
| 6 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £178,000 | £148,807 | £326,807 |
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 | 101.867 % | £181,323 | £359,323 |
| 3 Month Average | 90.911 % | £161,821 | £339,821 |
| 6 Month Average | 83.704 % | £148,993 | £326,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £320,000 | £320,000 | 7 BRIARSWOOD |
| 7 Jun 2024 | £410,000 | £410,000 | 3 BRIARSWOOD |
| 5 Jun 2024 | £360,000 | £360,000 | 33 BRIARSWOOD |
| 15 Dec 2023 | £340,462 | £330,000 | 11 KNAPTON CLOSE |
| 17 Aug 2023 | £417,531 | £410,000 | 1 KNAPTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Knapton Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knapton Close |
| Jul 2024 | Anti-social behaviour | On or near Briarswood | |
| Jul 2024 | Anti-social behaviour | On or near Briarswood | |
| Jul 2024 | Anti-social behaviour | On or near Briarswood |