£306,828
This estimated value is based upon the latest sale price for the house of £181,000 on 17 Feb 2011. 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 |
|---|---|
| £181,000 | 17 Feb 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 841 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 February 2011 the House Price Index for ESSEX was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.519%.Applying this 69.519% change to the original purchase price of £181,000 results in an estimated price of approximately £306,828.
| 17 Feb 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.519 % | £181,000 | £125,828 | £306,828 |
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 | 43.451 % | £78,645 | £259,645 |
| 3 Month Average | 46.838 % | £84,776 | £265,776 |
| 6 Month Average | 55.429 % | £100,326 | £281,326 |
This house has a floor area of 78 sq meters or 841 sq feet when measured on 7 Oct 2010.
The average size of a house on GILMORE WAY is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Harrow Way |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Harrow Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stuart Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stuart Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stuart Close |