£435,988
This estimated value is based upon the latest sale price for the house of £360,000 on 12 Dec 2019. 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 |
|---|---|
| £360,000 | 12 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 December 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £360,000 results in an estimated price of approximately £435,988.
| 12 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £360,000 | £75,988 | £435,988 |
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 | -14.539 % | £-52,340 | £307,659 |
| 3 Month Average | 8.087 % | £29,113 | £389,113 |
| 6 Month Average | 9.462 % | £34,062 | £394,062 |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 1 Apr 2019.
The average size of a house on SPRINGFIELD PARK ROAD is 81 sq meters (874 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 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 |