£181,711
This estimated value is based upon the latest sale price for the house of £180,000 on 3 Mar 2023. 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 |
|---|---|
| £180,000 | 3 Mar 2023 |
| £215,000 | 29 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,115 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 2023 the House Price Index for ESSEX was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £180,000 results in an estimated price of approximately £181,711.
| 3 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £180,000 | £1,711 | £181,711 |
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 | -8.165 % | £-14,696 | £165,303 |
| 3 Month Average | -20.050 % | £-36,089 | £143,910 |
| 6 Month Average | -10.359 % | £-18,645 | £161,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £404,905 | £400,000 | 7 MEON CLOSE |
| 3 Mar 2023 | £181,712 | £180,000 | 86 MEON CLOSE |
| 5 Oct 2022 | £15,830 | £16,000 | GARAGE 61 MEON CLOSE |
| 1 Jul 2022 | £228,114 | £227,500 | 16 BIRK BECK WAVENEY DRIVE |
| 1 Apr 2022 | £231,705 | £225,000 | 30 TAMAR RISE |
This house has a floor area of 103 sq meters or 1,115 sq feet when measured on 10 May 2010. Using an estimated price of £181,712 means this house is valued at £1,752 per sq meter (£162 per sq foot).
The average size of a house on MEON CLOSE is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meon Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waveney Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waveney Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Waveney Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tamar Rise |