£152,091
This estimated value is based upon the latest sale price for the house of £26,950 on 18 Mar 1996. 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 |
|---|---|
| £26,950 | 18 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 1996 the House Price Index for ESSEX was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £26,950 results in an estimated price of approximately £152,091.
| 18 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 464.349 % | £26,950 | £125,141 | £152,091 |
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 | 599.132 % | £161,466 | £188,416 |
| 3 Month Average | 427.997 % | £115,345 | £142,295 |
| 6 Month Average | 489.122 % | £131,818 | £158,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £383,354 | £380,000 | 22 CHURCHILL RISE |
| 22 Mar 2023 | £345,253 | £342,000 | 23 MOUNTBATTEN WAY |
| 10 Jan 2023 | £420,519 | £422,500 | 11 NORTH DELL |
| 27 Jul 2022 | £416,120 | £415,000 | 14 NORTH DELL |
| 31 Mar 2022 | £393,780 | £380,000 | 25 MOUNTBATTEN WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 8 Aug 2013. Using an estimated price of £152,092 means this house is valued at £1,768 per sq meter (£164 per sq foot).
The average size of a house on CHURCHILL RISE is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Churchill Rise |
| 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 |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Montgomery Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montgomery Close |