£437,141
This estimated value is based upon the latest sale price for the house of £150,000 on 31 May 2002. 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 |
|---|---|
| £150,000 | 31 May 2002 |
| 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 May 2002 the House Price Index for ESSEX was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £150,000 results in an estimated price of approximately £437,141.
| 31 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £150,000 | £287,141 | £437,141 |
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 | 174.293 % | £261,439 | £411,439 |
| 3 Month Average | 132.755 % | £199,131 | £349,131 |
| 6 Month Average | 165.147 % | £247,719 | £397,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £321,110 | £325,000 | 112 CROCUS WAY |
| 10 Jan 2022 | £247,316 | £235,000 | 43 CARRIAGE DRIVE |
| 29 Jun 2021 | £520,368 | £485,000 | 55 CARRIAGE DRIVE |
| 16 Dec 2020 | £252,497 | £220,000 | 48 STIRRUP CLOSE |
| 23 Oct 2020 | £152,501 | £130,000 | 135 CROCUS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stirrup Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carriage Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Montgomery Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montgomery Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Montgomery Close |