£560,534
This estimated value is based upon the latest sale price for the house of £525,000 on 12 Nov 2021. 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 |
|---|---|
| £525,000 | 12 Nov 2021 |
| £520,000 | 12 Nov 2021 |
| £422,500 | 31 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £525,000 results in an estimated price of approximately £560,534.
| 12 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £525,000 | £35,534 | £560,534 |
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 | -23.728 % | £-124,573 | £400,426 |
| 3 Month Average | -7.447 % | £-39,098 | £485,901 |
| 6 Month Average | -4.395 % | £-23,071 | £501,928 |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 14 Dec 2016.
The average size of a house on BEELEIGH LINK is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Earlsfield Drive |
| Mar 2024 | Drugs | Under investigation | On or near Samuel Manor |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilshire Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wilshire Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Beeleigh Link |