£758,786
This estimated value is based upon the latest sale price for the house of £721,000 on 12 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 |
|---|---|
| £721,000 | 12 Jan 2022 |
| £369,000 | 12 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 209 sq meters or 2,249 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 £721,000 results in an estimated price of approximately £758,786.
| 12 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £721,000 | £37,786 | £758,786 |
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 % | £18,083 | £739,083 |
| 3 Month Average | -11.183 % | £-80,631 | £640,368 |
| 6 Month Average | -0.321 % | £-2,311 | £718,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £698,937 | £690,000 | 2 TELFORD PLACE |
| 23 Jun 2023 | £698,461 | £690,000 | 37 TELFORD PLACE |
| 24 Feb 2023 | £294,802 | £295,000 | 110 ARBOUR LANE |
| 14 Feb 2023 | £354,761 | £355,000 | 120 ARBOUR LANE |
| 27 Jan 2023 | £517,562 | £520,000 | 23 TELFORD PLACE |
This house has a floor area of 209 sq meters or 2,249 sq feet when measured on 31 May 2016. Using an estimated price of £758,786 means this house is valued at £3,630 per sq meter (£337 per sq foot).
The average size of a house on TELFORD PLACE is 146 sq meters (1,578 sq feet).
This house is the largest in the street with a floor area of 209 sq meters (2,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Telford Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Llewellyn Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Llewellyn Close |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Randulph Terrace |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Randulph Terrace |