£566,656
This estimated value is based upon the latest sale price for the house of £330,000 on 11 Feb 2011. 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 Supermarket
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
Price Paid | Date |
---|---|
£330,000 | 11 Feb 2011 |
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 February 2011 the House Price Index for ESSEX was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £330,000 results in an estimated price of approximately £566,656.
11 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.714 % | £330,000 | £236,656 | £566,656 |
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 | 11.246 % | £37,112 | £367,112 |
3 Month Average | 30.393 % | £100,298 | £430,298 |
6 Month Average | 58.132 % | £191,836 | £521,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2023 | £1,013,643 | £1,000,000 | SPRINGFIELD HOUSE MALDON ROAD |
27 Apr 2023 | £333,592 | £330,000 | 6 WOODFIELD WAY |
10 Mar 2023 | £353,329 | £350,000 | 1 LARCH WALK |
8 Mar 2023 | £388,662 | £385,000 | 2 LAWRENCE COURT |
27 Feb 2023 | £599,597 | £600,000 | THE RUSLINGS THE STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Supermarket |
Dec 2023 | Public order | Under investigation | On or near Supermarket |
Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ash Close |
Jan 2024 | Other crime | Under investigation | On or near Ash Close |