£1,678,989
This estimated value is based upon the latest sale price for the house of £1,225,000 on 18 Dec 2015. 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 |
|---|---|
| £1,225,000 | 18 Dec 2015 |
| £1,060,000 | 8 Jan 2003 |
| 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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Apr 2022 is 147.2 which is a change of 37.060%.Applying this 37.060% change to the original purchase price of £1,225,000 results in an estimated price of approximately £1,678,989.
| 18 Dec 2015 | 1 Apr 2022 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 147.2 | 37.060 % | £1,225,000 | £453,989 | £1,678,989 |
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 | 38.796 % | £475,245 | £1,700,245 |
| 3 Month Average | 32.952 % | £403,664 | £1,628,664 |
| 6 Month Average | 29.752 % | £364,455 | £1,589,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2022 | £566,967 | £565,000 | WOODMANS SOUTHEND ROAD |
| 24 Sep 2021 | £706,428 | £675,000 | DELHAZE HOUSE SOUTHEND ROAD |
| 9 Jul 2021 | £1,241,129 | £1,100,000 | GRASSMOOR SOUTHEND ROAD |
| 30 Jun 2021 | £619,333 | £585,000 | DOWNHOUSE SOUTHEND ROAD |
| 25 Jun 2021 | £756,962 | £715,000 | 10 CHALKLANDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2022 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Little And Great Sir Hughes Lane |
| Feb 2022 | Burglary | Under investigation | On or near A130 |
| Mar 2022 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southend Road |
| Mar 2022 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southend Road |
| Mar 2022 | Public order | Investigation complete; no suspect identified | On or near Southend Road |
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