£201,561
This estimated value is based upon the latest sale price for the house of £185,000 on 25 Nov 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 |
|---|---|
| £185,000 | 25 Nov 2021 |
| £87,000 | 28 Mar 2002 |
| £66,000 | 28 Feb 2001 |
| £41,000 | 4 Nov 1997 |
| £42,995 | 27 Jun 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £185,000 results in an estimated price of approximately £201,561.
| 25 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £185,000 | £16,561 | £201,561 |
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 | -13.853 % | £-25,628 | £159,371 |
| 3 Month Average | 1.048 % | £1,938 | £186,938 |
| 6 Month Average | -4.828 % | £-8,931 | £176,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £403,504 | £400,000 | 150 WAVENEY DRIVE |
| 18 Mar 2024 | £225,464 | £222,000 | 29 TAMAR RISE |
| 30 Jun 2023 | £219,397 | £215,000 | 73 TAMAR RISE |
| 31 Mar 2023 | £198,312 | £195,000 | 63 TAMAR RISE |
| 27 Mar 2023 | £185,091 | £182,000 | 42 TAMAR RISE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 25 Nov 2019. Using an estimated price of £201,561 means this house is valued at £3,664 per sq meter (£340 per sq foot).
The average size of a house on TAMAR RISE is 66 sq meters (715 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tamar Rise |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tamar Rise |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boyne Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Boyne Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Swans Pasture |