£189,268
This estimated value is based upon the latest sale price for the house of £122,000 on 12 Nov 2007. 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 |
---|---|
£122,000 | 12 Nov 2007 |
£70,000 | 20 Dec 2001 |
£36,500 | 31 May 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 November 2007 the House Price Index for ESSEX was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £122,000 results in an estimated price of approximately £189,268.
12 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 148.6 | 55.138 % | £122,000 | £67,268 | £189,268 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 11.333 % | £13,825 | £135,825 |
3 Month Average | 33.903 % | £41,361 | £163,361 |
6 Month Average | 49.284 % | £60,126 | £182,126 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2023 | £181,589 | £180,000 | 39 COLYERS REACH |
14 Jul 2023 | £547,367 | £540,000 | 13 MARSTON BECK |
15 Mar 2023 | £184,236 | £182,500 | 51 COLYERS REACH |
5 Aug 2022 | £523,591 | £525,000 | 19 YELDHAM LOCK |
5 Aug 2022 | £648,255 | £650,000 | 13 YELDHAM LOCK |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 19 Mar 2019. Using an estimated price of £189,269 means this house is valued at £4,853 per sq meter (£450 per sq foot).
The average size of a house on COLYERS REACH is 50 sq meters (545 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Saywell Brook |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Yeldham Lock |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
Mar 2024 | Drugs | Under investigation | On or near Palmers Croft |
Feb 2024 | Drugs | Local resolution | On or near Palmers Croft |