£882,398
This estimated value is based upon the latest sale price for the house of £860,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8 Hill Street, Saffron Walden, CB10 1JD
Phone: 01799801962
| Price Paid | Date |
|---|---|
| £860,000 | 17 Nov 2023 |
| £550,000 | 31 Jan 2012 |
| £350,000 | 30 Jul 2002 |
| £217,000 | 20 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,198 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 2023 the House Price Index for ESSEX was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £860,000 results in an estimated price of approximately £882,398.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £860,000 | £22,398 | £882,398 |
The Postcode Pricing Model uses changes in average sales price within the CB11 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 | 12.282 % | £105,624 | £965,624 |
| 3 Month Average | 16.065 % | £138,156 | £998,156 |
| 6 Month Average | 1.347 % | £11,580 | £871,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £395,000 | £395,000 | 6 ALPHA PLACE |
| 17 Nov 2023 | £882,399 | £860,000 | 6 LONGHEDGES |
| 25 Oct 2023 | £127,905 | £125,000 | FLAT 26 CUSTERSON COURT STATION STREET |
| 22 Sep 2023 | £117,592 | £115,000 | FLAT 43 CUSTERSON COURT STATION STREET |
| 8 Aug 2023 | £114,057 | £112,000 | APARTMENT 17 LANCASTER HOUSE SOUTH ROAD |
This house has a floor area of 111 sq meters or 1,198 sq feet when measured on 24 Sep 2009. Using an estimated price of £882,399 means this house is valued at £7,923 per sq meter (£736 per sq foot).
There is one other house on the street which we know the size of, this is 8 LONGHEDGES it is 180.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Station Street |
| Apr 2024 | Public order | Under investigation | On or near Station Street |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Station Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Corn Mill Court |