£377,397
This estimated value is based upon the latest sale price for the house of £275,000 on 20 Jan 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8 Hill Street, Saffron Walden, CB10 1JD
Phone: 01799801962
| Price Paid | Date |
|---|---|
| £275,000 | 20 Jan 2016 |
| £220,000 | 19 Oct 2012 |
| £181,500 | 3 Apr 2006 |
| £77,000 | 16 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 835 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 2016 the House Price Index for ESSEX was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £275,000 results in an estimated price of approximately £377,397.
| 20 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £275,000 | £102,397 | £377,397 |
The Postcode Pricing Model uses changes in average sales price within the CB11 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 | 35.234 % | £96,894 | £371,894 |
| 3 Month Average | 32.459 % | £89,261 | £364,261 |
| 6 Month Average | 6.497 % | £17,867 | £292,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £872,924 | £860,000 | 6 LONGHEDGES |
| 17 Nov 2023 | £1,360,137 | £1,340,000 | GLORIANA, 36 AUDLEY ROAD |
| 8 Aug 2023 | £112,988 | £112,000 | APARTMENT 17 LANCASTER HOUSE SOUTH ROAD |
| 15 Feb 2023 | £984,338 | £985,000 | 17 SOUTH ROAD |
| 6 Feb 2023 | £374,748 | £375,000 | 19 CORN MILL COURT |
This house has a floor area of 77 sq meters or 835 sq feet when measured on 3 Jun 2009. Using an estimated price of £377,398 means this house is valued at £4,860 per sq meter (£451 per sq foot).
The average size of a house on ALPHA PLACE is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Audley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B184 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B184 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B184 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Four Acres |