£872,577
This estimated value is based upon the latest sale price for the house of £865,000 on 3 Apr 2024. 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 |
|---|---|
| £865,000 | 3 Apr 2024 |
| £369,950 | 26 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2024 the House Price Index for ESSEX was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £865,000 results in an estimated price of approximately £872,577.
| 3 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £865,000 | £7,577 | £872,577 |
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 | -6.721 % | £-58,137 | £806,862 |
| 3 Month Average | 15.842 % | £137,036 | £1,002,036 |
| 6 Month Average | 0.671 % | £5,806 | £870,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £645,000 | £645,000 | 12 GOLDENACRES |
| 21 Dec 2023 | £366,254 | £355,000 | 41 CENTENARY WAY |
| 18 Dec 2023 | £696,399 | £675,000 | 6 BEAUCHAMPS CLOSE |
| 1 Sep 2023 | £674,877 | £660,000 | 33 GOLDENACRES |
| 14 Aug 2023 | £661,939 | £650,000 | 7 GOLDENACRES |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 16 Apr 2013.
The average size of a house on GOLDENACRES is 115 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A130 |
| Oct 2024 | Drugs | Local resolution | On or near Parking Area |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |