£760,072
This estimated value is based upon the latest sale price for the house of £722,222 on 7 Jan 2022. 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 |
|---|---|
| £722,222 | 7 Jan 2022 |
| £525,000 | 28 Sep 2007 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £722,222 results in an estimated price of approximately £760,072.
| 7 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £722,222 | £37,850 | £760,072 |
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 | -9.845 % | £-71,101 | £651,120 |
| 3 Month Average | -19.554 % | £-141,219 | £581,002 |
| 6 Month Average | -11.545 % | £-83,381 | £638,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £246,652 | £243,000 | 6 CRABTREES |
| 8 Sep 2023 | £249,186 | £246,000 | 7 ALLARD WAY |
| 21 Jul 2023 | £329,434 | £325,000 | 6 HOP FIELDS |
| 1 Feb 2023 | £794,465 | £795,000 | 43 PEASLANDS ROAD |
| 28 Apr 2022 | £566,390 | £550,000 | 22 ALLARD WAY |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 16 Jan 2018. Using an estimated price of £760,072 means this house is valued at £4,841 per sq meter (£449 per sq foot).
The average size of a house on CRABTREES is 111 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtrees |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Lane |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Lancaster Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hop Fields |