£468,581
This estimated value is based upon the latest sale price for the house of £113,000 on 8 Oct 1999. 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 |
|---|---|
| £113,000 | 8 Oct 1999 |
| Detached |
| Freehold |
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 October 1999 the House Price Index for ESSEX was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £113,000 results in an estimated price of approximately £468,581.
| 8 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 148.6 | 314.674 % | £113,000 | £355,581 | £468,581 |
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 | 345.059 % | £389,917 | £502,917 |
| 3 Month Average | 241.562 % | £272,964 | £385,964 |
| 6 Month Average | 295.556 % | £333,978 | £446,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £383,354 | £380,000 | 22 CHURCHILL RISE |
| 4 Aug 2023 | £327,868 | £325,000 | 15 BELMONDE DRIVE |
| 10 Jan 2023 | £420,519 | £422,500 | 11 NORTH DELL |
| 27 Jul 2022 | £416,120 | £415,000 | 14 NORTH DELL |
| 17 Nov 2021 | £400,160 | £370,000 | 23 NORTH DELL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Leybourne Drive |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Leybourne Drive |
| Mar 2024 | Other theft | Under investigation | On or near Clematis Tye |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Clematis Tye |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mayne Crest |