£403,903
This estimated value is based upon the latest sale price for the house of £110,000 on 7 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 |
---|---|
£110,000 | 7 Jul 2000 |
Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 Feb 2024 is 146.7 which is a change of 267.185%.Applying this 267.185% change to the original purchase price of £110,000 results in an estimated price of approximately £403,903.
7 Jul 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.0 | 146.7 | 267.185 % | £110,000 | £293,903 | £403,903 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 220.267 % | £242,293 | £352,293 |
3 Month Average | 226.371 % | £249,007 | £359,007 |
6 Month Average | 254.592 % | £280,051 | £390,051 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Oct 2018.
The average size of a house on DUKES LANE is 87 sq meters (939 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Mearns Place | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Inkerpole Place |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Mearns Place |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mearns Place |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Mearns Place |