£1,777,127
This estimated value is based upon the latest sale price for the house of £290,000 on 5 May 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 |
|---|---|
| £290,000 | 5 May 2023 |
| £123,500 | 18 Jun 2002 |
| £63,000 | 8 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2023 the House Price Index for ESSEX was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £290,000 results in an estimated price of approximately £1,777,127.
| 5 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £290,000 | £1,487,127 | £1,777,127 |
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 | 42.461 % | £123,136 | £413,136 |
| 3 Month Average | 10.285 % | £29,825 | £319,825 |
| 6 Month Average | -2.346 % | £-6,802 | £283,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £206,340 | £200,000 | 6 CLEMATIS TYE |
| 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 |
| 31 Mar 2022 | £193,128 | £185,000 | 121 CROCUS WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 19 Aug 2013.
The average size of a house on CROCUS WAY is 57 sq meters (618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Jasmine Close |
| 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 | Other theft | Under investigation | On or near Hyacinth Court |
| Aug 2024 | Public order | Under investigation | On or near Hyacinth Court |