£489,942
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Aug 2009. 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 |
|---|---|
| £275,000 | 7 Aug 2009 |
| £237,000 | 2 May 2003 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,015 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 August 2009 the House Price Index for ESSEX was 82.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.161%.Applying this 78.161% change to the original purchase price of £275,000 results in an estimated price of approximately £489,942.
| 7 Aug 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 146.7 | 78.161 % | £275,000 | £214,942 | £489,942 |
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 | 4.633 % | £12,740 | £287,740 |
| 3 Month Average | 48.255 % | £132,702 | £407,702 |
| 6 Month Average | 73.392 % | £201,829 | £476,829 |
This house has a floor area of 94 sq meters or 1,015 sq feet when measured on 20 Nov 2008.
There is one other house on the street which we know the size of, this is 11 DARTMOUTH ROAD it is 88.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Totnes Walk |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Sidmouth Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sidmouth Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Sidmouth Road |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Sidmouth Road |