£340,420
This estimated value is based upon the latest sale price for the house of £320,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £320,000 | 29 Sep 2021 |
| £270,000 | 6 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £320,000 results in an estimated price of approximately £340,420.
| 29 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £320,000 | £20,420 | £340,420 |
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 | -19.129 % | £-61,212 | £258,787 |
| 3 Month Average | -9.875 % | £-31,600 | £288,399 |
| 6 Month Average | -5.206 % | £-16,660 | £303,339 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 3 Feb 2018.
The average size of a house on PETREBROOK is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrebrook |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Webb Close |
| Jan 2024 | Anti-social behaviour | On or near Webb Close | |
| Jan 2024 | Anti-social behaviour | On or near Webb Close | |
| Jan 2024 | Anti-social behaviour | On or near Webb Close |