£246,568
This estimated value is based upon the latest sale price for the house of £77,995 on 29 Nov 2001. 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 |
|---|---|
| £77,995 | 29 Nov 2001 |
| £59,995 | 8 Jun 2000 |
| £46,000 | 29 Jan 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 November 2001 the House Price Index for ESSEX was 46.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 216.134%.Applying this 216.134% change to the original purchase price of £77,995 results in an estimated price of approximately £246,568.
| 29 Nov 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 146.7 | 216.134 % | £77,995 | £168,573 | £246,568 |
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 | 157.587 % | £122,910 | £200,905 |
| 3 Month Average | 159.706 % | £124,562 | £202,557 |
| 6 Month Average | 179.585 % | £140,067 | £218,062 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 29 Mar 2017.
The average size of a house on COLYERS REACH is 50 sq meters (545 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Saywell Brook |
| Dec 2023 | Other theft | Under investigation | On or near Saywell Brook |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Saywell Brook |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Yeldham Lock |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |