£481,824
This estimated value is based upon the latest sale price for the house of £392,500 on 2 Apr 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Mayne Crest
More crime details
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4 Torquay Road, Chelmsford, CM1 6NF
Phone: 01245378576
| Price Paid | Date |
|---|---|
| £392,500 | 2 Apr 2020 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 April 2020 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £392,500 results in an estimated price of approximately £481,824.
| 2 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £392,500 | £89,324 | £481,824 |
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 | 17.345 % | £68,078 | £460,578 |
| 3 Month Average | -5.578 % | £-21,892 | £370,607 |
| 6 Month Average | 2.071 % | £8,128 | £400,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £203,562 | £200,000 | 6 CLEMATIS TYE |
| 3 Nov 2023 | £517,664 | £510,000 | 48 MAYNE CREST |
| 22 Sep 2023 | £491,282 | £485,000 | 40 MAYNE CREST |
| 20 Feb 2023 | £526,646 | £527,000 | 12 MAYNE CREST |
| 27 May 2022 | £203,841 | £200,000 | 31 CROCUS WAY |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 4 Feb 2020. Using an estimated price of £481,825 means this house is valued at £4,770 per sq meter (£443 per sq foot).
The average size of a house on WHYVERNE CLOSE is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mayne Crest |
| Jan 2024 | Anti-social behaviour | On or near Forsythia Close | |
| Jan 2024 | Anti-social behaviour | On or near Forsythia Close | |
| Jan 2024 | Anti-social behaviour | On or near Forsythia Close | |
| Mar 2024 | Other theft | Under investigation | On or near Clematis Tye |