£280,869
This estimated value is based upon the latest sale price for the house of £232,000 on 31 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 3, 8 Kingsdale Business Centre, Regina Road, Chelmsford, CM1 1PE
Phone: 01245378661
| Price Paid | Date |
|---|---|
| £232,000 | 31 Oct 2019 |
| £225,000 | 14 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £232,000 results in an estimated price of approximately £280,869.
| 31 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £232,000 | £48,869 | £280,869 |
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 | -4.961 % | £-11,510 | £220,489 |
| 3 Month Average | -0.744 % | £-1,725 | £230,274 |
| 6 Month Average | 5.196 % | £12,053 | £244,053 |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 20 Apr 2016.
The average size of a house on SPRINGFIELD ROAD is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Other theft | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |