£160,097
This estimated value is based upon the latest sale price for the house of £50,000 on 19 Oct 2001. 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 |
|---|---|
| £50,000 | 19 Oct 2001 |
| £66,250 | 11 Mar 1999 |
| Terraced |
| Leasehold |
| Floor Area: 55 sq meters or 600 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 October 2001 the House Price Index for ESSEX was 45.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 220.194%.Applying this 220.194% change to the original purchase price of £50,000 results in an estimated price of approximately £160,097.
| 19 Oct 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 146.7 | 220.194 % | £50,000 | £110,097 | £160,097 |
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 | 155.387 % | £77,693 | £127,693 |
| 3 Month Average | 160.301 % | £80,150 | £130,150 |
| 6 Month Average | 181.399 % | £90,699 | £140,699 |
This house has a floor area of 55 sq meters or 600 sq feet when measured on 16 Sep 2011.
The average size of a house on BURGESS FIELD is 46 sq meters (501 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Burton Place | |
| Mar 2024 | Anti-social behaviour | On or near Burton Place | |
| Mar 2024 | Anti-social behaviour | On or near Burton Place | |
| Mar 2024 | Anti-social behaviour | On or near Burton Place | |
| Mar 2024 | Anti-social behaviour | On or near Burton Place |