£214,416
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Nov 2007. 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 |
---|---|
£140,000 | 16 Nov 2007 |
£51,500 | 19 Aug 1999 |
Terraced |
Freehold |
Floor Area: 40 sq meters or 430 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 November 2007 the House Price Index for ESSEX was 95.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.155%.Applying this 53.155% change to the original purchase price of £140,000 results in an estimated price of approximately £214,416.
16 Nov 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 146.7 | 53.155 % | £140,000 | £74,416 | £214,416 |
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 | 10.664 % | £14,930 | £154,930 |
3 Month Average | 52.359 % | £73,302 | £213,302 |
6 Month Average | 62.609 % | £87,652 | £227,652 |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 9 Oct 2018.
The average size of a house on BEARDSLEY DRIVE is 64 sq meters (697 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Vermeer Ride |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Vermeer Ride |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Vermeer Ride |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Beardsley Drive |
Mar 2024 | Other theft | Under investigation | On or near Daffodil Way |