£572,948
This estimated value is based upon the latest sale price for the house of £454,000 on 30 Oct 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
4 Torquay Road, Chelmsford, CM1 6NF
Phone: 01245378576
| Price Paid | Date |
|---|---|
| £454,000 | 30 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 October 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £454,000 results in an estimated price of approximately £572,948.
| 30 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £454,000 | £118,948 | £572,948 |
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 | 16.132 % | £73,239 | £527,239 |
| 3 Month Average | -8.529 % | £-38,719 | £415,280 |
| 6 Month Average | 10.773 % | £48,909 | £502,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £585,240 | £575,000 | 42 LAWN LANE |
| 4 Jul 2023 | £1,196,098 | £1,180,000 | TUDOR ROSE STUMP LANE |
| 9 Jun 2023 | £374,537 | £370,000 | 9 SHERBORNE ROAD |
| 20 Apr 2023 | £470,061 | £465,000 | 22 ALDEBURGH WAY |
| 18 Aug 2022 | £598,389 | £600,000 | 16 SHERBORNE ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 20 Apr 2017. Using an estimated price of £572,948 means this house is valued at £5,208 per sq meter (£483 per sq foot).
The average size of a house on BODMIN ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Lawns |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Mulberry Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Place |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Orford Crescent |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |