£252,190
This estimated value is based upon the latest sale price for the house of £250,000 on 29 Apr 2024. 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 |
|---|---|
| £250,000 | 29 Apr 2024 |
| £205,000 | 5 Apr 2017 |
| £137,000 | 24 Nov 2006 |
| £70,500 | 2 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 681 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 2024 the House Price Index for ESSEX was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £250,000 results in an estimated price of approximately £252,190.
| 29 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £250,000 | £2,190 | £252,190 |
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 | -6.721 % | £-16,802 | £233,197 |
| 3 Month Average | 15.842 % | £39,605 | £289,605 |
| 6 Month Average | 0.671 % | £1,678 | £251,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £572,000 | £572,000 | 38 HUMBER ROAD |
| 22 May 2024 | £245,000 | £245,000 | 14 WINDRUSH DRIVE |
| 29 Apr 2024 | £252,190 | £250,000 | 6 BIRK BECK WAVENEY DRIVE |
| 30 Jun 2023 | £408,180 | £400,000 | 7 MEON CLOSE |
| 27 Mar 2023 | £185,091 | £182,000 | 42 TAMAR RISE |
This house has a floor area of 63 sq meters or 681 sq feet when measured on 26 Feb 2009. Using an estimated price of £252,190 means this house is valued at £3,985 per sq meter (£370 per sq foot).
The average size of a house on WAVENEY DRIVE is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Meon Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meon Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meon Close |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Humber Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tamar Rise |