£619,958
This estimated value is based upon the latest sale price for the house of £545,000 on 17 Apr 2021. 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 |
---|---|
£545,000 | 17 Apr 2021 |
£545,000 | 17 Apr 2020 |
£535,000 | 31 Aug 2017 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,636 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 2021 the House Price Index for ESSEX was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £545,000 results in an estimated price of approximately £619,958.
17 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 149.7 | 13.754 % | £545,000 | £74,958 | £619,958 |
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 | -8.326 % | £-45,374 | £499,625 |
3 Month Average | -37.736 % | £-205,663 | £339,336 |
6 Month Average | -10.455 % | £-56,979 | £488,020 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Oct 2023 | £516,736 | £505,000 | 17 ALICK HORSNELL VIEW |
7 Sep 2023 | £531,721 | £520,000 | 148 ARMISTICE AVENUE |
10 Mar 2023 | £452,558 | £445,000 | 132 ARMISTICE AVENUE |
26 Aug 2022 | £90,423 | £90,000 | 20 REGIMENT GATE |
24 Jun 2022 | £575,298 | £563,000 | 5 LODGE VALE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 24 Jul 2017. Using an estimated price of £619,958 means this house is valued at £4,078 per sq meter (£378 per sq foot).
The average size of a house on GORDON CARLTON GARDENS is 166 sq meters (1,795 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Unable to prosecute suspect | On or near Gordon Carlton Gardens |
Jun 2024 | Anti-social behaviour | On or near Lodge Vale | |
Jun 2024 | Anti-social behaviour | On or near Lodge Vale | |
Jul 2024 | Other theft | Under investigation | On or near Wright Crescent |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wright Crescent |