£507,985
This estimated value is based upon the latest sale price for the house of £162,500 on 10 Dec 2001. 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 |
---|---|
£162,500 | 10 Dec 2001 |
£94,995 | 25 Aug 1999 |
£57,500 | 19 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2001 the House Price Index for ESSEX was 46.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 212.606%.Applying this 212.606% change to the original purchase price of £162,500 results in an estimated price of approximately £507,985.
10 Dec 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 146.7 | 212.606 % | £162,500 | £345,485 | £507,985 |
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 | 143.297 % | £232,857 | £395,357 |
3 Month Average | 163.921 % | £266,371 | £428,871 |
6 Month Average | 178.708 % | £290,399 | £452,899 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Apr 2016.
The average size of a house on SPRINGFIELD ROAD is 80 sq meters (865 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Oxford Court | |
Feb 2024 | Anti-social behaviour | On or near Oxford Court | |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Peel Road |
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 |