£315,715
This estimated value is based upon the latest sale price for the house of £186,000 on 16 Apr 2010. 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 |
|---|---|
| £186,000 | 16 Apr 2010 |
| Terraced |
| Leasehold |
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 April 2010 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £186,000 results in an estimated price of approximately £315,715.
| 16 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £186,000 | £129,715 | £315,715 |
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 | 19.916 % | £37,044 | £223,044 |
| 3 Month Average | 39.490 % | £73,450 | £259,450 |
| 6 Month Average | 56.600 % | £105,276 | £291,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Feb 2023 | £314,788 | £315,000 | 2 ALEXANDER MEWS |
| 21 Jul 2022 | £681,835 | £680,000 | OAKDALE SOUTHEND ROAD |
| 5 May 2022 | £275,185 | £270,000 | 33 ALEXANDER MEWS |
| 4 May 2022 | £891,804 | £875,000 | RIDGEWAY EAST HANNINGFIELD ROAD |
| 8 Apr 2022 | £1,029,799 | £1,000,000 | WILD OAKS EAST HANNINGFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Southend Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southend Road |
| Mar 2024 | Other crime | Under investigation | On or near Southend Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southend Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandon Hall Bridleway |