£310,372
This estimated value is based upon the latest sale price for the house of £260,000 on 22 Jul 2020. 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 |
|---|---|
| £260,000 | 22 Jul 2020 |
| £170,000 | 2 Nov 2011 |
| £62,995 | 25 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 693 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £260,000 results in an estimated price of approximately £310,372.
| 22 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £260,000 | £50,372 | £310,372 |
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 | -19.727 % | £-51,291 | £208,708 |
| 3 Month Average | 2.927 % | £7,611 | £267,611 |
| 6 Month Average | 10.618 % | £27,606 | £287,606 |
This house has a floor area of 64 sq meters or 693 sq feet when measured on 4 Oct 2011.
The average size of a house on WALLFLOWER COURT is 96 sq meters (1,042 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (693 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cornflower Drive |