£494,244
This estimated value is based upon the latest sale price for the house of £485,000 on 18 Apr 2023. 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 |
|---|---|
| £485,000 | 18 Apr 2023 |
| £268,500 | 25 Feb 2008 |
| 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 April 2023 the House Price Index for ESSEX was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £485,000 results in an estimated price of approximately £494,244.
| 18 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £485,000 | £9,244 | £494,244 |
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 | -0.400 % | £-1,939 | £483,060 |
| 3 Month Average | -0.607 % | £-2,945 | £482,054 |
| 6 Month Average | -7.980 % | £-38,703 | £446,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £375,000 | £375,000 | 23 TAVISTOCK ROAD |
| 15 Dec 2023 | £657,710 | £637,500 | 3 TORRINGTON CLOSE |
| 16 Nov 2023 | £395,581 | £385,540 | 130 BODMIN ROAD |
| 18 Sep 2023 | £267,906 | £262,000 | 12 FALMOUTH ROAD |
| 14 Aug 2023 | £661,939 | £650,000 | 104 BODMIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tavistock Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tavistock Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tavistock Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Tavistock Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Taunton Road |