£984,337
This estimated value is based upon the latest sale price for the house of £985,000 on 15 Feb 2023. 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 |
|---|---|
| £985,000 | 15 Feb 2023 |
| £451,500 | 27 Jul 2012 |
| £275,000 | 2 Aug 2002 |
| £147,500 | 26 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 February 2023 the House Price Index for ESSEX was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £985,000 results in an estimated price of approximately £984,337.
| 15 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £985,000 | £-662 | £984,337 |
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 | -15.565 % | £-153,317 | £831,682 |
| 3 Month Average | -14.037 % | £-138,264 | £846,735 |
| 6 Month Average | -13.594 % | £-133,902 | £851,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £872,924 | £860,000 | 6 LONGHEDGES |
| 5 Sep 2023 | £987,628 | £975,000 | 3 AUDLEY ROAD |
| 8 Aug 2023 | £112,988 | £112,000 | APARTMENT 17 LANCASTER HOUSE SOUTH ROAD |
| 6 Mar 2023 | £272,568 | £270,000 | 20 AUDLEY ROAD |
| 15 Feb 2023 | £984,338 | £985,000 | 17 SOUTH ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 17 May 2012. Using an estimated price of £984,338 means this house is valued at £8,413 per sq meter (£781 per sq foot).
The average size of a house on SOUTH ROAD is 121 sq meters (1,310 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Four Acres |
| 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 |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Audley Road |