£306,175
This estimated value is based upon the latest sale price for the house of £307,000 on 1 Aug 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8 Hill Street, Saffron Walden, CB10 1JD
Phone: 01799801962
| Price Paid | Date |
|---|---|
| £307,000 | 1 Aug 2022 |
| £83,000 | 30 Jul 1999 |
| £59,995 | 29 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £307,000 results in an estimated price of approximately £306,175.
| 1 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £307,000 | £-824 | £306,175 |
The Postcode Pricing Model uses changes in average sales price within the CB10 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 | 3.399 % | £10,436 | £317,436 |
| 3 Month Average | 10.136 % | £31,116 | £338,116 |
| 6 Month Average | -0.013 % | £-40 | £306,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £277,427 | £275,000 | 51 THE SPIKE RADWINTER ROAD |
| 4 Apr 2023 | £293,156 | £290,000 | 11 THE SPIKE RADWINTER ROAD |
| 14 Mar 2023 | £5,607,833 | £5,555,000 | LARK TECHNOLOGIES INC RADWINTER ROAD |
| 13 Mar 2023 | £368,471 | £365,000 | 4 LAVENDER FIELD |
| 17 Aug 2022 | £364,020 | £365,000 | 2 SAFFRON LODGE RADWINTER ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 28 May 2020. Using an estimated price of £306,176 means this house is valued at £5,019 per sq meter (£466 per sq foot).
The average size of a house on LAVENDER FIELD is 68 sq meters (738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Spike |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Spike |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Spike |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elizabeth Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Gabriel Street |