£150,482
This estimated value is based upon the latest sale price for the house of £127,125 on 21 Aug 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 Townsend
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
Price Paid | Date |
---|---|
£127,125 | 21 Aug 2020 |
£105,000 | 5 Nov 2007 |
£90,000 | 5 Aug 2005 |
Flats/Maisonettes |
Leasehold |
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 August 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £127,125 results in an estimated price of approximately £150,482.
21 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 146.7 | 18.373 % | £127,125 | £23,357 | £150,482 |
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 | -19.216 % | £-24,427 | £102,697 |
3 Month Average | -16.930 % | £-21,522 | £105,602 |
6 Month Average | -0.155 % | £-197 | £126,927 |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Townsend |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Townsend |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Townsend |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Barrow Chase |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barrow Chase |