£208,643
This estimated value is based upon the latest sale price for the house of £122,500 on 22 Sep 2006. 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 |
|---|---|
| £122,500 | 22 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 789 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 2006 the House Price Index for ESSEX was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £122,500 results in an estimated price of approximately £208,643.
| 22 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £122,500 | £86,143 | £208,643 |
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 | 95.109 % | £116,508 | £239,008 |
| 3 Month Average | 54.001 % | £66,151 | £188,651 |
| 6 Month Average | 71.166 % | £87,178 | £209,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £468,192 | £460,000 | 9 WELLS COURT |
| 9 Jun 2023 | £374,537 | £370,000 | 9 SHERBORNE ROAD |
| 28 Apr 2023 | £465,007 | £460,000 | 24 BODMIN ROAD |
| 18 Aug 2022 | £598,389 | £600,000 | 16 SHERBORNE ROAD |
| 25 Apr 2022 | £597,283 | £580,000 | 40 TORQUAY ROAD |
This house has a floor area of 73 sq meters or 789 sq feet when measured on 7 Nov 2008. Using an estimated price of £208,643 means this house is valued at £2,842 per sq meter (£264 per sq foot).
The average size of a house on TORQUAY ROAD is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Public order | Under investigation | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lynton Drive |