£558,847
This estimated value is based upon the latest sale price for the house of £470,000 on 20 Mar 2020. 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 |
---|---|
£470,000 | 20 Mar 2020 |
£290,000 | 28 Feb 2011 |
£289,995 | 21 May 2007 |
£245,000 | 21 Nov 2003 |
£177,950 | 6 Aug 1999 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,253 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £470,000 results in an estimated price of approximately £558,847.
20 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 146.7 | 18.904 % | £470,000 | £88,847 | £558,847 |
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 | -28.556 % | £-134,212 | £335,787 |
3 Month Average | -13.698 % | £-64,382 | £405,617 |
6 Month Average | 3.009 % | £14,140 | £484,140 |
This house has a floor area of 116 sq meters or 1,253 sq feet when measured on 15 Dec 2010.
The average size of a house on BURNELL GATE is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnell Gate |
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 |
Mar 2024 | Bicycle theft | Under investigation | On or near Frances Green |
Feb 2024 | Anti-social behaviour | On or near Frances Green |