£611,693
This estimated value is based upon the latest sale price for the house of £575,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Cartwright Walk
More crime details
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
Price Paid | Date |
---|---|
£575,000 | 29 Sep 2021 |
£495,000 | 28 Feb 2019 |
£180,000 | 11 Apr 2001 |
£121,000 | 7 Feb 1997 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 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 £575,000 results in an estimated price of approximately £611,693.
29 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 146.7 | 6.381 % | £575,000 | £36,693 | £611,693 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | -19.129 % | £-109,991 | £465,008 |
3 Month Average | -9.875 % | £-56,781 | £518,218 |
6 Month Average | -5.206 % | £-29,935 | £545,064 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 29 Jun 2016.
The average size of a house on FAIRFAX MEAD is 127 sq meters (1,371 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cartwright Walk |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Cartwright Walk |
Mar 2024 | Drugs | Under investigation | On or near Palmers Croft |
Feb 2024 | Drugs | Local resolution | On or near Palmers Croft |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palmers Croft |