£1,119,638
This estimated value is based upon the latest sale price for the house of £875,000 on 20 Mar 2017. 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 |
|---|---|
| £875,000 | 20 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 215 sq meters or 2,314 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 March 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £875,000 results in an estimated price of approximately £1,119,638.
| 20 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £875,000 | £244,638 | £1,119,638 |
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 | 25.313 % | £221,492 | £1,096,492 |
| 3 Month Average | 14.604 % | £127,788 | £1,002,788 |
| 6 Month Average | 15.862 % | £138,790 | £1,013,790 |
This house has a floor area of 215 sq meters or 2,314 sq feet when measured on 23 Dec 2016.
The average size of a house on SPRINGFIELD ROAD is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coppins Close |
| Mar 2024 | Drugs | Local resolution | On or near Old School Field |
| Feb 2024 | Robbery | Under investigation | On or near Old School Field |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near All Saints Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near All Saints Close |