£546,891
This estimated value is based upon the latest sale price for the house of £425,000 on 5 May 2017. 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 |
|---|---|
| £425,000 | 5 May 2017 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 May 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £425,000 results in an estimated price of approximately £546,891.
| 5 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £425,000 | £121,891 | £546,891 |
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 | -2.022 % | £-8,591 | £416,408 |
| 3 Month Average | 23.097 % | £98,163 | £523,163 |
| 6 Month Average | 10.568 % | £44,912 | £469,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £310,000 | £310,000 | 1 MILL LANE |
| 8 Mar 2024 | £290,000 | £290,000 | 7 MILL LANE |
| 10 Nov 2023 | £522,739 | £515,000 | 24 DAWSON CLOSE |
| 2 Aug 2023 | £564,942 | £560,000 | 2 THORNCROFT |
| 5 Apr 2023 | £242,612 | £240,000 | 42 HARVEY WAY |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 16 Feb 2017. Using an estimated price of £546,891 means this house is valued at £4,971 per sq meter (£461 per sq foot).
The average size of a house on THORNCROFT is 132 sq meters (1,428 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Buckenhoe Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Harvey Way |
| Apr 2024 | Anti-social behaviour | On or near Howard Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Howard Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Howard Road |