£607,145
This estimated value is based upon the latest sale price for the house of £375,500 on 6 Dec 2013. 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 |
|---|---|
| £375,500 | 6 Dec 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 December 2013 the House Price Index for ESSEX was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £375,500 results in an estimated price of approximately £607,145.
| 6 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £375,500 | £231,645 | £607,145 |
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 | 66.485 % | £249,652 | £625,152 |
| 3 Month Average | 61.069 % | £229,314 | £604,814 |
| 6 Month Average | 49.146 % | £184,544 | £560,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £474,583 | £460,000 | 9 WELLS COURT |
| 14 Aug 2023 | £661,939 | £650,000 | 104 BODMIN ROAD |
| 25 Apr 2022 | £601,705 | £580,000 | 40 TORQUAY ROAD |
| 25 Nov 2021 | £11,985 | £11,000 | 10 - 12 TORQUAY ROAD |
| 8 Aug 2021 | £1,011 | £900 | 38 TORQUAY ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 12 Jul 2013. Using an estimated price of £607,145 means this house is valued at £5,017 per sq meter (£466 per sq foot).
The average size of a house on WELLS COURT is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Sep 2024 | Bicycle theft | Under investigation | On or near Supermarket |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |