£478,142
This estimated value is based upon the latest sale price for the house of £422,000 on 21 Dec 2020. 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 |
---|---|
£422,000 | 21 Dec 2020 |
£117,000 | 26 Jan 2000 |
£112,000 | 12 Mar 1999 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £422,000 results in an estimated price of approximately £478,142.
21 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 146.7 | 13.304 % | £422,000 | £56,142 | £478,142 |
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 | -41.696 % | £-175,955 | £246,044 |
3 Month Average | -11.553 % | £-48,755 | £373,244 |
6 Month Average | -4.120 % | £-17,386 | £404,613 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 24 Aug 2020.
The average size of a house on CROFT COURT is 111 sq meters (1,201 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barn Green |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stablecroft |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Carriage Drive |
Jan 2024 | Anti-social behaviour | On or near New Nabbotts Way | |
Jan 2024 | Anti-social behaviour | On or near New Nabbotts Way |