£362,392
This estimated value is based upon the latest sale price for the house of £212,500 on 11 May 2012. 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 |
---|---|
£212,500 | 11 May 2012 |
£140,000 | 25 Oct 2002 |
£76,500 | 9 Apr 1999 |
£69,995 | 28 Feb 1997 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 792 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 May 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £212,500 results in an estimated price of approximately £362,392.
11 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £212,500 | £149,892 | £362,392 |
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 | 3.246 % | £6,897 | £219,397 |
3 Month Average | 45.777 % | £97,275 | £309,775 |
6 Month Average | 63.292 % | £134,495 | £346,995 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £390,786 | £385,000 | 22 DAFFODIL WAY |
29 Sep 2023 | £415,310 | £410,000 | 1 BLUEBELL GREEN |
30 Jun 2023 | £374,537 | £370,000 | 3 BLUEBELL GREEN |
9 Mar 2023 | £368,471 | £365,000 | 21 DAFFODIL WAY |
6 Jan 2023 | £360,800 | £362,500 | 18 BLUEBELL GREEN |
This house has a floor area of 73 sq meters or 792 sq feet when measured on 26 Oct 2011. Using an estimated price of £362,393 means this house is valued at £4,919 per sq meter (£457 per sq foot).
The average size of a house on TULIP CLOSE is 90 sq meters (969 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Tulip Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Tulip Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tulip Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hyacinth Court |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Hyacinth Court |