£436,131
This estimated value is based upon the latest sale price for the house of £380,000 on 4 Dec 2020. 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 |
|---|---|
| £380,000 | 4 Dec 2020 |
| £285,000 | 9 Jul 2014 |
| £205,500 | 6 Feb 2004 |
| £135,000 | 30 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £380,000 results in an estimated price of approximately £436,131.
| 4 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £380,000 | £56,131 | £436,131 |
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 | -2.328 % | £-8,845 | £371,154 |
| 3 Month Average | -15.383 % | £-58,455 | £321,544 |
| 6 Month Average | -7.004 % | £-26,614 | £353,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £403,530 | £400,000 | 55 DOWNSWAY |
| 30 Jun 2023 | £480,824 | £475,000 | 34 UPLANDS DRIVE |
| 17 Aug 2022 | £383,966 | £385,000 | 57 DOWNSWAY |
| 27 Jul 2022 | £526,417 | £525,000 | 42 UPLANDS DRIVE |
| 17 Jun 2022 | £380,375 | £375,000 | 106 DOWNSWAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 Nov 2014. Using an estimated price of £436,131 means this house is valued at £4,900 per sq meter (£455 per sq foot).
The average size of a house on DOWNSWAY is 88 sq meters (951 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 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eridge Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hospital |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Leybourne Drive |