£548,729
This estimated value is based upon the latest sale price for the house of £320,000 on 6 Jul 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Market Street, Saffron Walden, CB10 1JB
Phone: 01799588065
| Price Paid | Date |
|---|---|
| £320,000 | 6 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 July 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £320,000 results in an estimated price of approximately £548,729.
| 6 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £320,000 | £228,729 | £548,729 |
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 | 106.875 % | £342,001 | £662,001 |
| 3 Month Average | 67.952 % | £217,445 | £537,445 |
| 6 Month Average | 64.798 % | £207,353 | £527,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £499,000 | £490,000 | 3 CORNER PARK |
| 7 Jun 2023 | £484,714 | £475,000 | 124 GODDARD WAY |
| 19 Apr 2023 | £208,907 | £205,000 | 7 ASPIN MEWS |
| 17 Mar 2023 | £533,916 | £525,000 | 8 CORNER PARK |
| 2 Sep 2022 | £539,640 | £540,000 | 141 GODDARD WAY |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 29 Mar 2012. Using an estimated price of £548,729 means this house is valued at £4,771 per sq meter (£443 per sq foot).
The average size of a house on GODDARD WAY is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Morris Harp |
| Jun 2024 | Anti-social behaviour | On or near Shrublands | |
| Jun 2024 | Anti-social behaviour | On or near Shrublands | |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Sweet Mead |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doddenhill Close |