£217,322
This estimated value is based upon the latest sale price for the house of £58,000 on 3 Jul 2000. 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 |
|---|---|
| £58,000 | 3 Jul 2000 |
| £34,250 | 18 Apr 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 July 2000 the House Price Index for ESSEX was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £58,000 results in an estimated price of approximately £217,322.
| 3 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 149.7 | 274.694 % | £58,000 | £159,322 | £217,322 |
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 | 258.693 % | £150,042 | £208,042 |
| 3 Month Average | 260.636 % | £151,169 | £209,169 |
| 6 Month Average | 263.207 % | £152,659 | £210,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £515,851 | £500,000 | 37 REMBRANDT GROVE |
| 11 Sep 2023 | £334,371 | £327,000 | 25 REMBRANDT GROVE |
| 16 Jan 2023 | £441,179 | £440,000 | 16 BONINGTON CHASE |
| 2 Sep 2022 | £229,846 | £230,000 | 46 BONINGTON CHASE |
| 22 Aug 2022 | £185,869 | £185,000 | FLAT 19 HOGARTH COURT REMBRANDT GROVE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 28 Aug 2014. Using an estimated price of £217,322 means this house is valued at £4,435 per sq meter (£412 per sq foot).
The average size of a house on REMBRANDT GROVE is 61 sq meters (666 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Pump Lane | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pump Lane |
| Oct 2024 | Anti-social behaviour | On or near Rembrandt Grove | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area |