£446,526
This estimated value is based upon the latest sale price for the house of £145,000 on 6 Feb 2002. 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 |
---|---|
£145,000 | 6 Feb 2002 |
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 February 2002 the House Price Index for ESSEX was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £145,000 results in an estimated price of approximately £446,526.
6 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 148.6 | 207.949 % | £145,000 | £301,526 | £446,526 |
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 | 203.245 % | £294,705 | £439,705 |
3 Month Average | 142.480 % | £206,595 | £351,595 |
6 Month Average | 178.262 % | £258,480 | £403,480 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £417,219 | £417,500 | 43 RUBENS GATE |
30 Jan 2023 | £413,054 | £415,000 | 19 RUBENS GATE |
31 Oct 2022 | £425,419 | £430,000 | 58 BEARDSLEY DRIVE |
25 Aug 2022 | £244,342 | £245,000 | 88 BEARDSLEY DRIVE |
29 Jul 2022 | £501,350 | £500,000 | 178 BEARDSLEY DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Vermeer Ride |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Vermeer Ride |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Rubens Gate |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bouchers Mead |
Apr 2024 | Bicycle theft | Under investigation | On or near Shire Close |