£382,024
This estimated value is based upon the latest sale price for the house of £363,000 on 6 Jan 2022. 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 |
|---|---|
| £363,000 | 6 Jan 2022 |
| £98,950 | 6 Oct 2000 |
| £82,000 | 28 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £363,000 results in an estimated price of approximately £382,024.
| 6 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £363,000 | £19,024 | £382,024 |
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 | 2.508 % | £9,104 | £372,104 |
| 3 Month Average | -11.183 % | £-40,595 | £322,404 |
| 6 Month Average | -0.321 % | £-1,163 | £361,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £407,123 | £400,000 | 57 FALMOUTH ROAD |
| 18 Sep 2023 | £265,393 | £262,000 | 12 FALMOUTH ROAD |
| 29 Aug 2023 | £398,486 | £395,000 | 20 REDRUTH CLOSE |
| 31 Jul 2023 | £435,866 | £430,000 | 4 REDRUTH CLOSE |
| 17 Jan 2023 | £437,937 | £440,000 | 3 PLYMOUTH ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 13 Sep 2013. Using an estimated price of £382,024 means this house is valued at £5,380 per sq meter (£499 per sq foot).
The average size of a house on TAVISTOCK ROAD is 114 sq meters (1,227 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Redruth Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redruth Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Exeter Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tavistock Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near All Saints Close |