£405,632
This estimated value is based upon the latest sale price for the house of £410,000 on 31 Oct 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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57 High Street, Saffron Walden, CB10 1AA
Phone: 01799588204
| Price Paid | Date |
|---|---|
| £410,000 | 31 Oct 2022 |
| £400,000 | 27 Mar 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 2022 the House Price Index for ESSEX was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £410,000 results in an estimated price of approximately £405,632.
| 31 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £410,000 | £-4,367 | £405,632 |
The Postcode Pricing Model uses changes in average sales price within the CB11 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 | 1.802 % | £7,386 | £417,386 |
| 3 Month Average | -6.658 % | £-27,299 | £382,700 |
| 6 Month Average | -22.049 % | £-90,399 | £319,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £526,735 | £520,000 | 5 NEWPORT ROAD |
| 29 Aug 2023 | £798,385 | £791,400 | 15 NEWPORT ROAD |
| 7 Aug 2023 | £590,163 | £585,000 | 19 NEWPORT ROAD |
| 6 Apr 2023 | £1,546,653 | £1,530,000 | 24 SPRINGHILL ROAD |
| 27 Jan 2023 | £786,296 | £790,000 | 9 SPRINGHILL ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Apr 2018. Using an estimated price of £405,633 means this house is valued at £4,609 per sq meter (£428 per sq foot).
The average size of a house on BOROUGH LANE is 134 sq meters (1,443 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near London Road |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Audley End Road |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Audley End Road |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Stephen Neville Court |
| Jan 2024 | Robbery | Under investigation | On or near Stephen Neville Court |