£441,482
This estimated value is based upon the latest sale price for the house of £415,000 on 3 Sep 2021. 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 |
---|---|
£415,000 | 3 Sep 2021 |
£314,000 | 4 Dec 2015 |
£245,500 | 26 Oct 2007 |
£230,000 | 2 Feb 2007 |
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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £415,000 results in an estimated price of approximately £441,482.
3 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 146.7 | 6.381 % | £415,000 | £26,482 | £441,482 |
The Postcode Pricing Model uses changes in average sales price within the CM3 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 | -36.990 % | £-153,507 | £261,492 |
3 Month Average | -16.243 % | £-67,407 | £347,592 |
6 Month Average | -6.819 % | £-28,297 | £386,702 |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Road |
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Church Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Butterfield Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fitzwalter Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fitzwalter Road |