£425,428
This estimated value is based upon the latest sale price for the house of £340,000 on 13 Sep 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 |
|---|---|
| £340,000 | 13 Sep 2017 |
| £225,000 | 4 Apr 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 September 2017 the House Price Index for ESSEX was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £340,000 results in an estimated price of approximately £425,428.
| 13 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £340,000 | £85,428 | £425,428 |
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 | -26.492 % | £-90,071 | £249,928 |
| 3 Month Average | -4.464 % | £-15,176 | £324,823 |
| 6 Month Average | 9.865 % | £33,542 | £373,542 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 9 May 2017.
The average size of a house on ORFORD CRESCENT is 92 sq meters (995 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Orford Crescent |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orford Crescent |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Mulberry Way |
| Dec 2023 | Possession of weapons | Local resolution | On or near Mulberry Way |
| Dec 2023 | Drugs | Local resolution | On or near Mulberry Way |