£537,651
This estimated value is based upon the latest sale price for the house of £409,000 on 7 Jul 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 |
|---|---|
| £409,000 | 7 Jul 2016 |
| £88,000 | 15 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £409,000 results in an estimated price of approximately £537,651.
| 7 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £409,000 | £128,651 | £537,651 |
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 | -24.294 % | £-99,363 | £309,636 |
| 3 Month Average | 6.424 % | £26,275 | £435,275 |
| 6 Month Average | 19.895 % | £81,370 | £490,370 |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 8 Jan 2016.
The average size of a house on WALKERS CLOSE is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Briarswood |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Churchill Rise |
| 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 | Violence and sexual offences | Awaiting court outcome | On or near Knapton Close |