£402,862
This estimated value is based upon the latest sale price for the house of £245,000 on 24 Jun 2013. 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 |
|---|---|
| £245,000 | 24 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 45 sq meters or 494 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 June 2013 the House Price Index for ESSEX was 89.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 64.434%.Applying this 64.434% change to the original purchase price of £245,000 results in an estimated price of approximately £402,862.
| 24 Jun 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 146.7 | 64.434 % | £245,000 | £157,862 | £402,862 |
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 | 44.306 % | £108,550 | £353,550 |
| 3 Month Average | 55.115 % | £135,031 | £380,031 |
| 6 Month Average | 59.560 % | £145,922 | £390,922 |
This house has a floor area of 45 sq meters or 494 sq feet when measured on 9 Jun 2011.
The average size of a house on GILMORE WAY is 93 sq meters (1,008 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (494 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Molrams Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Molrams Lane |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Molrams Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Molrams Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Molrams Lane |