£198,754
This estimated value is based upon the latest sale price for the house of £115,000 on 1 Dec 2009. 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 |
|---|---|
| £115,000 | 1 Dec 2009 |
| £115,000 | 13 Nov 2006 |
| £117,000 | 20 Oct 2006 |
| £117,995 | 6 Jun 2005 |
| £95,000 | 4 Dec 2003 |
| £32,000 | 17 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2009 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £115,000 results in an estimated price of approximately £198,754.
| 1 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £115,000 | £83,754 | £198,754 |
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 | 86.255 % | £99,193 | £214,193 |
| 3 Month Average | 46.189 % | £53,117 | £168,117 |
| 6 Month Average | 61.216 % | £70,398 | £185,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £170,525 | £168,000 | 12 LUPIN DRIVE |
| 28 Jul 2023 | £179,415 | £177,000 | FLAT 12 WOODROSE LODGE LUPIN DRIVE |
| 5 Jul 2023 | £187,524 | £185,000 | 34 LUPIN DRIVE |
| 31 Mar 2023 | £181,712 | £180,000 | 114 LUPIN DRIVE |
| 27 Jan 2023 | £141,334 | £142,000 | FLAT 1 WOODROSE LODGE LUPIN DRIVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 16 Oct 2013. Using an estimated price of £198,754 means this house is valued at £4,140 per sq meter (£384 per sq foot).
The average size of a house on LUPIN DRIVE is 53 sq meters (572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lupin Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lupin Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lupin Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Canvey Walk |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Canvey Walk |