£658,042
This estimated value is based upon the latest sale price for the house of £355,000 on 23 Jun 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 |
---|---|
£355,000 | 23 Jun 2009 |
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 June 2009 the House Price Index for ESSEX was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £355,000 results in an estimated price of approximately £658,042.
23 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.364 % | £355,000 | £303,042 | £658,042 |
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 | 122.230 % | £433,918 | £788,918 |
3 Month Average | 87.884 % | £311,987 | £666,987 |
6 Month Average | 76.476 % | £271,491 | £626,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £385,929 | £380,000 | 81 CORNELIUS VALE |
14 Dec 2023 | £554,540 | £537,500 | 97 CORNELIUS VALE |
1 Jun 2022 | £613,106 | £600,000 | 14 JUDGE ROAD |
17 Mar 2022 | £621,140 | £595,000 | 75 CORNELIUS VALE |
17 Sep 2021 | £450,511 | £415,000 | 4 JUDGE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Bryant Link |
Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Rennie Place |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rennie Place |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meggy Tye |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meggy Tye |