£1,838,407
This estimated value is based upon the latest sale price for the house of £300,000 on 31 May 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Springfield Green
More crime details
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4 Torquay Road, Chelmsford, CM1 6NF
Phone: 01245378576
| Price Paid | Date |
|---|---|
| £300,000 | 31 May 2023 |
| 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 May 2023 the House Price Index for ESSEX was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £300,000 results in an estimated price of approximately £1,838,407.
| 31 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £300,000 | £1,538,407 | £1,838,407 |
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 | 34.038 % | £102,115 | £402,115 |
| 3 Month Average | 8.374 % | £25,120 | £325,120 |
| 6 Month Average | -3.461 % | £-10,382 | £289,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £267,906 | £262,000 | 12 FALMOUTH ROAD |
| 25 Aug 2023 | £565,194 | £555,000 | 8 ALL SAINTS CLOSE |
| 5 Apr 2023 | £491,697 | £482,500 | 15 EXETER ROAD |
| 31 May 2022 | £412,240 | £401,500 | 7 ALL SAINTS CLOSE |
| 20 May 2022 | £823,966 | £802,500 | 349A SPRINGFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Springfield Green |
| Sep 2024 | Burglary | Under investigation | On or near Springfield Green |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Green |
| Oct 2024 | Other theft | Under investigation | On or near All Saints Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near All Saints Close |