£524,410
This estimated value is based upon the latest sale price for the house of £430,000 on 18 Jan 2019. 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 Spalding Way
More crime details
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £430,000 | 18 Jan 2019 |
| £110,000 | 27 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £430,000 results in an estimated price of approximately £524,410.
| 18 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.956 % | £430,000 | £94,410 | £524,410 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | -12.296 % | £-52,872 | £377,127 |
| 3 Month Average | 4.285 % | £18,424 | £448,424 |
| 6 Month Average | 8.084 % | £34,760 | £464,760 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 1 Oct 2018.
The average size of a house on BRAMSTON CLOSE is 119 sq meters (1,286 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Spalding Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oldbury Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lodge Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lodge Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lodge Avenue |