£433,613
This estimated value is based upon the latest sale price for the house of £97,995 on 16 Mar 1999. 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 |
|---|---|
| £97,995 | 16 Mar 1999 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 1999 the House Price Index for ESSEX was 33.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 342.485%.Applying this 342.485% change to the original purchase price of £97,995 results in an estimated price of approximately £433,613.
| 16 Mar 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 146.7 | 342.485 % | £97,995 | £335,618 | £433,613 |
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 | 190.915 % | £187,086 | £285,081 |
| 3 Month Average | 327.618 % | £321,049 | £419,044 |
| 6 Month Average | 376.617 % | £369,065 | £467,060 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 12 Jan 2016.
The average size of a house on FALMOUTH ROAD is 103 sq meters (1,112 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wallasea Gardens |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Anti-social behaviour | On or near Supermarket | |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |