£173,161
This estimated value is based upon the latest sale price for the house of £112,000 on 6 May 2014. 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 |
|---|---|
| £112,000 | 6 May 2014 |
| £56,500 | 20 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2014 the House Price Index for ESSEX was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £112,000 results in an estimated price of approximately £173,161.
| 6 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £112,000 | £61,161 | £173,161 |
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 | -5.356 % | £-5,998 | £106,001 |
| 3 Month Average | 33.064 % | £37,032 | £149,032 |
| 6 Month Average | 55.259 % | £61,890 | £173,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £355,260 | £350,000 | 4 CANVEY WALK |
| 29 Sep 2023 | £182,331 | £180,000 | 15 CANVEY WALK |
| 11 Aug 2023 | £146,280 | £145,000 | FLAT 15 WISTERIA LODGE LUPIN DRIVE |
| 1 Aug 2023 | £178,058 | £176,500 | 56 CANVEY WALK |
| 28 Jul 2023 | £179,415 | £177,000 | FLAT 12 WOODROSE LODGE LUPIN DRIVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 25 Mar 2015. Using an estimated price of £173,162 means this house is valued at £3,463 per sq meter (£321 per sq foot).
The average size of a house on LUPIN DRIVE is 53 sq meters (572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Canvey Walk |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Canvey Walk |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Canvey Walk |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lupin Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lupin Drive |