£427,914
This estimated value is based upon the latest sale price for the house of £77,000 on 12 May 1995. 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 |
|---|---|
| £77,000 | 12 May 1995 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 749 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 May 1995 the House Price Index for ESSEX was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 455.734%.Applying this 455.734% change to the original purchase price of £77,000 results in an estimated price of approximately £427,914.
| 12 May 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 455.734 % | £77,000 | £350,914 | £427,914 |
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 | 416.470 % | £320,681 | £397,681 |
| 3 Month Average | 439.725 % | £338,588 | £415,588 |
| 6 Month Average | 470.448 % | £362,244 | £439,244 |
This house has a floor area of 69 sq meters or 749 sq feet when measured on 3 Jan 2012.
The average size of a house on TIMSONS LANE is 98 sq meters (1,062 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Peel Road |
| Feb 2024 | Burglary | Under investigation | On or near A138 |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coppins Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near All Saints Close |