£407,256
This estimated value is based upon the latest sale price for the house of £240,000 on 20 Jan 2012. 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 |
|---|---|
| £240,000 | 20 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 938 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 January 2012 the House Price Index for ESSEX was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.690%.Applying this 69.690% change to the original purchase price of £240,000 results in an estimated price of approximately £407,256.
| 20 Jan 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.690 % | £240,000 | £167,256 | £407,256 |
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 | 6.702 % | £16,085 | £256,085 |
| 3 Month Average | 42.432 % | £101,836 | £341,836 |
| 6 Month Average | 65.798 % | £157,915 | £397,915 |
This house has a floor area of 87 sq meters or 938 sq feet when measured on 10 Dec 2010.
The average size of a house on MAYNE CREST is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mayne Crest |
| Mar 2024 | Other theft | Under investigation | On or near Clematis Tye |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Clematis Tye |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Leybourne Drive |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Leybourne Drive |