£453,784
This estimated value is based upon the latest sale price for the house of £370,000 on 25 Nov 2019. 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 |
|---|---|
| £370,000 | 25 Nov 2019 |
| £158,000 | 19 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £370,000 results in an estimated price of approximately £453,784.
| 25 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £370,000 | £83,784 | £453,784 |
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 | 19.646 % | £72,691 | £442,691 |
| 3 Month Average | -13.845 % | £-51,228 | £318,771 |
| 6 Month Average | -7.080 % | £-26,197 | £343,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £425,150 | £420,000 | 12 GAIGER CLOSE |
| 30 Jun 2023 | £220,167 | £217,500 | 18 WAVELL CLOSE |
| 22 Mar 2023 | £345,253 | £342,000 | 23 MOUNTBATTEN WAY |
| 27 Jan 2023 | £199,062 | £200,000 | 118 TRENCHARD CRESCENT |
| 10 Jan 2023 | £420,519 | £422,500 | 11 NORTH DELL |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 11 Sep 2017. Using an estimated price of £453,785 means this house is valued at £3,813 per sq meter (£354 per sq foot).
The average size of a house on TRENCHARD CRESCENT is 76 sq meters (820 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trenchard Crescent |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Trenchard Crescent |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Trenchard Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Montgomery Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montgomery Close |