£417,172
This estimated value is based upon the latest sale price for the house of £291,000 on 29 Jun 2015. 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 |
|---|---|
| £291,000 | 29 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 June 2015 the House Price Index for ESSEX was 102.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 43.358%.Applying this 43.358% change to the original purchase price of £291,000 results in an estimated price of approximately £417,172.
| 29 Jun 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 146.7 | 43.358 % | £291,000 | £126,172 | £417,172 |
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 | 20.164 % | £58,678 | £349,678 |
| 3 Month Average | 29.040 % | £84,506 | £375,506 |
| 6 Month Average | 34.591 % | £100,660 | £391,660 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Apr 2015.
The average size of a house on CUSAK ROAD is 58 sq meters (631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thomas Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thomas Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cusak Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Binley Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Jeffcut Road |