£236,161
This estimated value is based upon the latest sale price for the house of £184,000 on 15 Feb 2017. 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 |
|---|---|
| £184,000 | 15 Feb 2017 |
| £115,000 | 30 Jan 2006 |
| £49,995 | 19 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 February 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £184,000 results in an estimated price of approximately £236,161.
| 15 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £184,000 | £52,161 | £236,161 |
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 | 1.836 % | £3,377 | £187,377 |
| 3 Month Average | 9.998 % | £18,395 | £202,395 |
| 6 Month Average | 13.098 % | £24,100 | £208,100 |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 9 Feb 2015.
The average size of a house on BINLEY ROAD is 50 sq meters (547 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Binley Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hurst Way |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Hurst Way |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Hurst Way |
| Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near Hurst Way |