£388,547
This estimated value is based upon the latest sale price for the house of £325,000 on 12 Jun 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Springfield Park Lane
More crime details
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4 Torquay Road, Chelmsford, CM1 6NF
Phone: 01245378576
Price Paid | Date |
---|---|
£325,000 | 12 Jun 2020 |
£205,000 | 24 Sep 2010 |
£170,000 | 28 Jan 2005 |
£125,000 | 26 Mar 2004 |
£125,000 | 26 Mar 2004 |
£58,000 | 31 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 June 2020 the House Price Index for ESSEX was 122.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.553%.Applying this 19.553% change to the original purchase price of £325,000 results in an estimated price of approximately £388,547.
12 Jun 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 146.7 | 19.553 % | £325,000 | £63,547 | £388,547 |
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 | -23.199 % | £-75,395 | £249,604 |
3 Month Average | -10.791 % | £-35,070 | £289,929 |
6 Month Average | 4.297 % | £13,964 | £338,964 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 May 2020.
The average size of a house on SPRINGFIELD PARK LANE is 84 sq meters (913 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Springfield Park Lane |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Springfield Park Lane |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Springfield Park Lane |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Springfield Park Lane |
Dec 2023 | Anti-social behaviour | On or near Springfield Park Lane |