£627,980
This estimated value is based upon the latest sale price for the house of £391,261 on 5 Dec 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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57 High Street, Saffron Walden, CB10 1AA
Phone: 01799588204
| Price Paid | Date |
|---|---|
| £391,261 | 5 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 2013 the House Price Index for ESSEX was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £391,261 results in an estimated price of approximately £627,980.
| 5 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £391,261 | £236,719 | £627,980 |
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 | -9.304 % | £-36,402 | £354,858 |
| 3 Month Average | 13.404 % | £52,442 | £443,703 |
| 6 Month Average | 20.961 % | £82,011 | £473,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £512,640 | £505,050 | 3 GALLOWS HILL |
| 27 Sep 2023 | £987,628 | £975,000 | 5 BLACKLANDS CLOSE |
| 19 Sep 2023 | £717,170 | £708,000 | 7 GALLOWS HILL |
| 30 Jun 2023 | £318,862 | £315,000 | 18 HUNTERS WAY |
| 22 Jun 2023 | £640,762 | £633,000 | 1 SEDOP CLOSE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 8 Oct 2013. Using an estimated price of £627,981 means this house is valued at £4,830 per sq meter (£448 per sq foot).
The average size of a house on LOOMPITS WAY is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hunters Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maypole Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Summer Hill Road |
| Dec 2023 | Drugs | Under investigation | On or near Newport Road |
| Mar 2024 | Public order | Under investigation | On or near Laws Close |