£979,277
This estimated value is based upon the latest sale price for the house of £724,995 on 29 Mar 2016. 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 |
|---|---|
| £724,995 | 29 Mar 2016 |
| 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £724,995 results in an estimated price of approximately £979,277.
| 29 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £724,995 | £254,282 | £979,277 |
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 | -17.527 % | £-127,070 | £597,924 |
| 3 Month Average | 2.332 % | £16,906 | £741,901 |
| 6 Month Average | 27.203 % | £197,220 | £922,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £317,780 | £315,000 | 42 SPRING CLOSE |
| 24 Aug 2023 | £575,031 | £570,000 | 20 WICKHAY COTTAGES |
| 4 Jul 2022 | £513,883 | £512,500 | 3 WICKHAY COTTAGES |
| 29 Jun 2022 | £532,526 | £525,000 | 19 SPRING CLOSE |
| 4 May 2022 | £738,923 | £725,000 | LINTON NORTH HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Spring Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Spring Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Spring Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near North Hill |
| Apr 2024 | Vehicle crime | Under investigation | On or near Rysley |