£391,478
This estimated value is based upon the latest sale price for the house of £380,150 on 1 Apr 2022. 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 |
|---|---|
| £380,150 | 1 Apr 2022 |
| £320,000 | 10 May 2017 |
| £205,000 | 19 Nov 2010 |
| £57,995 | 28 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £380,150 results in an estimated price of approximately £391,478.
| 1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £380,150 | £11,328 | £391,478 |
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 | -50.435 % | £-191,728 | £188,421 |
| 3 Month Average | -17.371 % | £-66,037 | £314,112 |
| 6 Month Average | -4.785 % | £-18,189 | £361,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £455,518 | £450,000 | 47 PADDOCK DRIVE |
| 5 Jun 2023 | £415,027 | £410,000 | 9 SADDLE RISE |
| 19 Jul 2022 | £350,945 | £350,000 | 32 SADDLE RISE |
| 7 Jun 2022 | £583,242 | £575,000 | 1 BARN GREEN |
| 1 Apr 2022 | £391,478 | £380,150 | 27 BARN GREEN |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 2 Nov 2021. Using an estimated price of £391,478 means this house is valued at £6,524 per sq meter (£606 per sq foot).
The average size of a house on BARN GREEN is 88 sq meters (953 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barn Green |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stablecroft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carriage Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Blacksmith Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Blacksmith Close |