£813,454
This estimated value is based upon the latest sale price for the house of £466,000 on 19 Nov 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £466,000 | 19 Nov 2009 |
| £429,000 | 16 Dec 2005 |
| Detached |
| Freehold |
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 November 2009 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £466,000 results in an estimated price of approximately £813,454.
| 19 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £466,000 | £347,454 | £813,454 |
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 | 73.075 % | £340,530 | £806,530 |
| 3 Month Average | 44.379 % | £206,804 | £672,804 |
| 6 Month Average | 60.065 % | £279,905 | £745,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £912,987 | £905,000 | 61 WHARTON DRIVE |
| 4 Jul 2023 | £1,033,915 | £1,020,000 | 5 BILLERS CHASE |
| 15 Sep 2022 | £644,793 | £650,000 | 4 MULTON LEA |
| 18 Feb 2022 | £917,608 | £875,000 | 23 WHARTON DRIVE |
| 10 Dec 2021 | £439,265 | £410,000 | 31 WHARTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wharton Drive |
| Mar 2024 | Other theft | Under investigation | On or near Multon Lea |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honor Link |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Honor Link |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnell Gate |