£331,691
This estimated value is based upon the latest sale price for the house of £72,500 on 13 Nov 1998. 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 |
|---|---|
| £72,500 | 13 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 1998 the House Price Index for ESSEX was 32.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 357.505%.Applying this 357.505% change to the original purchase price of £72,500 results in an estimated price of approximately £331,691.
| 13 Nov 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 146.7 | 357.505 % | £72,500 | £259,191 | £331,691 |
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 | 207.619 % | £150,524 | £223,024 |
| 3 Month Average | 335.190 % | £243,012 | £315,512 |
| 6 Month Average | 381.652 % | £276,697 | £349,197 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Nov 2014.
The average size of a house on DOWNSWAY is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swans Pasture |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swans Pasture |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eridge Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hospital |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Hospital |