£196,854
This estimated value is based upon the latest sale price for the house of £157,000 on 18 Aug 2017. 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 |
|---|---|
| £157,000 | 18 Aug 2017 |
| £148,000 | 28 Aug 2014 |
| £99,995 | 10 May 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 August 2017 the House Price Index for ESSEX was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £157,000 results in an estimated price of approximately £196,854.
| 18 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £157,000 | £39,854 | £196,854 |
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 | -9.789 % | £-15,368 | £141,631 |
| 3 Month Average | 1.031 % | £1,617 | £158,617 |
| 6 Month Average | 11.556 % | £18,143 | £175,143 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 27 Sep 2019.
The average size of a house on GILSON CLOSE is 56 sq meters (611 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salter Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salter Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Salter Place |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Dolby Rise |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Fawkner Close |