£287,450
This estimated value is based upon the latest sale price for the house of £230,971 on 18 Mar 2019. 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 |
|---|---|
| £230,971 | 18 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 March 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £230,971 results in an estimated price of approximately £287,450.
| 18 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £230,971 | £56,479 | £287,450 |
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 | 73.952 % | £170,807 | £401,778 |
| 3 Month Average | 6.026 % | £13,917 | £244,888 |
| 6 Month Average | 8.978 % | £20,736 | £251,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £355,000 | £355,000 | 38 THE WAYBACK |
| 26 Mar 2024 | £314,837 | £310,000 | 1 MILL LANE |
| 8 Mar 2024 | £294,525 | £290,000 | 7 MILL LANE |
| 15 Sep 2023 | £587,961 | £575,000 | 71 ASHDON ROAD |
| 2 Aug 2023 | £570,286 | £560,000 | 2 THORNCROFT |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 4 Jul 2018. Using an estimated price of £287,451 means this house is valued at £5,226 per sq meter (£485 per sq foot).
The average size of a house on MILL LANE is 63 sq meters (684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Lane |
| Jun 2024 | Other crime | Formal action is not in the public interest | On or near Howard Road |
| Apr 2024 | Anti-social behaviour | On or near Howard Road | |
| Apr 2024 | Anti-social behaviour | On or near Howard Road |