£312,524
This estimated value is based upon the latest sale price for the house of £225,000 on 1 Oct 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Rainsford Lane
More crime details
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
Price Paid | Date |
---|---|
£225,000 | 1 Oct 2015 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 October 2015 the House Price Index for ESSEX was 105.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 38.900%.Applying this 38.900% change to the original purchase price of £225,000 results in an estimated price of approximately £312,524.
1 Oct 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 146.7 | 38.900 % | £225,000 | £87,524 | £312,524 |
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 | -15.104 % | £-33,984 | £191,015 |
3 Month Average | 12.268 % | £27,603 | £252,603 |
6 Month Average | 29.460 % | £66,285 | £291,285 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 10 Jul 2015.
The average size of a house on CRAMPHORN WALK is 87 sq meters (942 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rainsford Lane |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rainsford Lane |
Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Rainsford Lane |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Rainsford Lane |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Cramphorn Walk |