£718,365
This estimated value is based upon the latest sale price for the house of £430,000 on 15 Nov 2012. 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 |
|---|---|
| £430,000 | 15 Nov 2012 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 November 2012 the House Price Index for ESSEX was 87.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.062%.Applying this 67.062% change to the original purchase price of £430,000 results in an estimated price of approximately £718,365.
| 15 Nov 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 146.7 | 67.062 % | £430,000 | £288,365 | £718,365 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 46.350 % | £199,305 | £629,305 |
| 3 Month Average | 51.540 % | £221,623 | £651,623 |
| 6 Month Average | 57.602 % | £247,686 | £677,686 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 9 Aug 2012.
The average size of a house on TYRELLS CLOSE is 167 sq meters (1,800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coppins Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redgates Place |
| Mar 2024 | Drugs | Local resolution | On or near Old School Field |
| Feb 2024 | Robbery | Under investigation | On or near Old School Field |