£331,128
This estimated value is based upon the latest sale price for the house of £330,000 on 15 Dec 2023. 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 |
|---|---|
| £330,000 | 15 Dec 2023 |
| £190,000 | 30 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 December 2023 the House Price Index for ESSEX was 146.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.342%.Applying this 0.342% change to the original purchase price of £330,000 results in an estimated price of approximately £331,128.
| 15 Dec 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.2 | 146.7 | 0.342 % | £330,000 | £1,128 | £331,128 |
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 | -30.258 % | £-99,851 | £230,148 |
| 3 Month Average | -7.349 % | £-24,250 | £305,749 |
| 6 Month Average | -4.484 % | £-14,795 | £315,204 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 22 May 2013.
The average size of a house on KNAPTON CLOSE is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Knapton Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Knapton Close |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Knapton Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Knapton Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Knapton Close |