£520,043
This estimated value is based upon the latest sale price for the house of £400,000 on 16 Feb 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Burnham Road
More crime details
Get our free house price tracker.
4 Torquay Road, Chelmsford, CM1 6NF
Phone: 01245378576
| Price Paid | Date |
|---|---|
| £400,000 | 16 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 February 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £400,000 results in an estimated price of approximately £520,043.
| 16 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £400,000 | £120,043 | £520,043 |
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 | 20.356 % | £81,425 | £481,425 |
| 3 Month Average | 0.783 % | £3,131 | £403,131 |
| 6 Month Average | 9.725 % | £38,899 | £438,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £468,192 | £460,000 | 9 WELLS COURT |
| 14 Aug 2023 | £655,737 | £650,000 | 104 BODMIN ROAD |
| 1 Feb 2023 | £149,899 | £150,000 | 39A BODMIN ROAD |
| 29 Jun 2022 | £519,339 | £512,000 | 14 BURNHAM ROAD |
| 25 Apr 2022 | £597,283 | £580,000 | 40 TORQUAY ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 1 Sep 2016. Using an estimated price of £520,044 means this house is valued at £7,536 per sq meter (£700 per sq foot).
The average size of a house on BURNHAM ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Burnham Road |
| Apr 2024 | Public order | Under investigation | On or near Burnham Road |
| Apr 2024 | Public order | Under investigation | On or near Burnham Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Burnham Road |
| Apr 2024 | Public order | Under investigation | On or near Burnham Road |