£1,264,421
This estimated value is based upon the latest sale price for the house of £810,000 on 6 Sep 2007. 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 |
---|---|
£810,000 | 6 Sep 2007 |
£310,000 | 22 Aug 1997 |
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 September 2007 the House Price Index for ESSEX was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £810,000 results in an estimated price of approximately £1,264,421.
6 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £810,000 | £454,421 | £1,264,421 |
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 | 5.236 % | £42,415 | £852,415 |
3 Month Average | 24.364 % | £197,345 | £1,007,345 |
6 Month Average | 61.313 % | £496,638 | £1,306,638 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £413,618 | £410,000 | 20 LINGWOOD CLOSE |
10 Aug 2023 | £675,913 | £670,000 | 28 MAIN ROAD |
31 Oct 2022 | £440,260 | £445,000 | 21 LINGWOOD CLOSE |
12 May 2022 | £932,572 | £915,000 | 12 HAY GREEN |
11 May 2022 | £326,145 | £320,000 | THE HOPPITT, 24 BUTTS LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
Feb 2024 | Shoplifting | Under investigation | On or near Supermarket |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Leeway |