£487,791
This estimated value is based upon the latest sale price for the house of £372,000 on 16 Dec 2016. 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 |
---|---|
£372,000 | 16 Dec 2016 |
£175,000 | 14 Aug 2006 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 December 2016 the House Price Index for ESSEX was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £372,000 results in an estimated price of approximately £487,791.
16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £372,000 | £115,791 | £487,791 |
The Postcode Pricing Model uses changes in average sales price within the CB11 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 | -16.172 % | £-60,160 | £311,839 |
3 Month Average | 4.469 % | £16,624 | £388,624 |
6 Month Average | -3.109 % | £-11,564 | £360,435 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £329,434 | £325,000 | 79 WINSTANLEY ROAD |
30 Sep 2022 | £443,171 | £446,750 | 50 OLD MILL ROAD |
30 Jun 2022 | £471,666 | £465,000 | 5 OLD MILL ROAD |
28 Jan 2022 | £505,156 | £480,000 | 8 OLD MILL ROAD |
26 Jan 2022 | £352,557 | £335,000 | 60 WINSTANLEY ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Aug 2016. Using an estimated price of £487,791 means this house is valued at £5,081 per sq meter (£472 per sq foot).
The average size of a house on RAILEY ROAD is 92 sq meters (997 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Railey Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Railey Road |
Feb 2024 | Other crime | Under investigation | On or near Old Mill Road |
Feb 2024 | Other theft | Under investigation | On or near Old Mill Road |
Apr 2024 | Other theft | Under investigation | On or near Ansgar Road |