£991,455
This estimated value is based upon the latest sale price for the house of £599,995 on 28 Mar 2013. 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 |
|---|---|
| £599,995 | 28 Mar 2013 |
| £610,000 | 13 Apr 2010 |
| £560,000 | 22 Aug 2003 |
| Detached |
| Freehold |
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 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.244%.Applying this 65.244% change to the original purchase price of £599,995 results in an estimated price of approximately £991,455.
| 28 Mar 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.244 % | £599,995 | £391,460 | £991,455 |
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 | -1.750 % | £-10,501 | £589,493 |
| 3 Month Average | 43.753 % | £262,513 | £862,508 |
| 6 Month Average | 55.607 % | £333,638 | £933,633 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wharton Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wharton Drive |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Wharton Drive |
| 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 |