£632,439
This estimated value is based upon the latest sale price for the house of £515,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Arthur Turp Close
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £515,000 | 29 Jun 2018 |
| 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 June 2018 the House Price Index for ESSEX was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £515,000 results in an estimated price of approximately £632,439.
| 29 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £515,000 | £117,439 | £632,439 |
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 | -17.577 % | £-90,523 | £424,476 |
| 3 Month Average | 1.762 % | £9,074 | £524,074 |
| 6 Month Average | 6.321 % | £32,552 | £547,552 |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 30 May 2018.
The average size of a house on JOSEPH PRENTICE WAY is 168 sq meters (1,814 sq feet).
This house is the smallest in the street with a floor area of 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Arthur Turp Close |
| Mar 2024 | Burglary | Under investigation | On or near Arthur Turp Close |
| Mar 2024 | Burglary | Under investigation | On or near Arthur Turp Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Arthur Turp Close |
| Feb 2024 | Anti-social behaviour | On or near Arthur Turp Close |