£573,390
This estimated value is based upon the latest sale price for the house of £430,000 on 22 Mar 2016. 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 |
|---|---|
| £430,000 | 22 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.347%.Applying this 33.347% change to the original purchase price of £430,000 results in an estimated price of approximately £573,390.
| 22 Mar 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 146.7 | 33.347 % | £430,000 | £143,390 | £573,390 |
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 | -20.267 % | £-87,149 | £342,850 |
| 3 Month Average | 10.433 % | £44,860 | £474,860 |
| 6 Month Average | 28.096 % | £120,814 | £550,814 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 12 Sep 2015.
The average size of a house on DOWNSWAY is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eridge Close |
| 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 |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Briarswood |
| Feb 2024 | Possession of weapons | Under investigation | On or near Perriclose |