£182,322
This estimated value is based upon the latest sale price for the house of £105,000 on 14 Dec 2011. 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 |
|---|---|
| £105,000 | 14 Dec 2011 |
| £64,500 | 30 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 December 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £105,000 results in an estimated price of approximately £182,322.
| 14 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £105,000 | £77,322 | £182,322 |
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 | 71.348 % | £74,915 | £179,915 |
| 3 Month Average | 60.634 % | £63,665 | £168,665 |
| 6 Month Average | 66.534 % | £69,860 | £174,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £186,740 | £182,000 | 10 VIOLET CLOSE |
| 27 Oct 2023 | £376,552 | £368,000 | 50 VIOLET CLOSE |
| 25 Aug 2023 | £203,673 | £200,000 | 107 CROCUS WAY |
| 11 Nov 2022 | £323,487 | £325,000 | 112 CROCUS WAY |
| 8 Sep 2022 | £346,768 | £347,000 | 102 CROCUS WAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 3 Nov 2021. Using an estimated price of £182,323 means this house is valued at £3,198 per sq meter (£297 per sq foot).
The average size of a house on CROCUS WAY is 57 sq meters (618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Hyacinth Court |
| Aug 2024 | Public order | Under investigation | On or near Hyacinth Court |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hyacinth Court |
| Aug 2024 | Public order | Under investigation | On or near Hyacinth Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hyacinth Court |