£250,264
This estimated value is based upon the latest sale price for the house of £194,000 on 5 Jan 2017. 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 |
---|---|
£194,000 | 5 Jan 2017 |
£131,000 | 19 Jan 2007 |
£59,950 | 15 Dec 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 January 2017 the House Price Index for ESSEX was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £194,000 results in an estimated price of approximately £250,264.
5 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 146.7 | 29.002 % | £194,000 | £56,264 | £250,264 |
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 | -27.731 % | £-53,798 | £140,201 |
3 Month Average | 2.617 % | £5,076 | £199,076 |
6 Month Average | 15.655 % | £30,370 | £224,370 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 22 Aug 2016.
The average size of a house on WAVENEY DRIVE is 84 sq meters (909 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swans Pasture |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swans Pasture |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hospital |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hospital |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Hospital |