£348,265
This estimated value is based upon the latest sale price for the house of £205,000 on 12 Sep 2008. 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 |
|---|---|
| £205,000 | 12 Sep 2008 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2008 the House Price Index for ESSEX was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.886%.Applying this 69.886% change to the original purchase price of £205,000 results in an estimated price of approximately £348,265.
| 12 Sep 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 146.7 | 69.886 % | £205,000 | £143,265 | £348,265 |
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 | 24.942 % | £51,131 | £256,131 |
| 3 Month Average | 60.513 % | £124,051 | £329,051 |
| 6 Month Average | 66.619 % | £136,569 | £341,569 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 13 Sep 2017.
The average size of a house on SPRINGFIELD GREEN is 122 sq meters (1,321 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Exeter Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Exeter Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tavistock Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Place |
| Mar 2024 | Drugs | Local resolution | On or near Old School Field |