£571,429
This estimated value is based upon the latest sale price for the house of £462,500 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
8 Hill Street, Saffron Walden, CB10 1JD
Phone: 01799801962
| Price Paid | Date |
|---|---|
| £462,500 | 22 Nov 2019 |
| £470,000 | 7 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,195 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 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £462,500 results in an estimated price of approximately £571,429.
| 22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £462,500 | £108,929 | £571,429 |
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 | 8.541 % | £39,503 | £502,003 |
| 3 Month Average | 8.317 % | £38,466 | £500,966 |
| 6 Month Average | 12.196 % | £56,405 | £518,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £249,329 | £243,000 | 6 CRABTREES |
| 27 Sep 2023 | £264,838 | £259,000 | 1 ALLARD WAY |
| 8 Sep 2023 | £251,545 | £246,000 | 7 ALLARD WAY |
| 24 Aug 2022 | £266,245 | £265,000 | 9 ALLARD WAY |
| 28 Apr 2022 | £570,582 | £550,000 | 22 ALLARD WAY |
This house has a floor area of 111 sq meters or 1,195 sq feet when measured on 27 Apr 2011. Using an estimated price of £571,430 means this house is valued at £5,146 per sq meter (£478 per sq foot).
The average size of a house on LANCASTER LANE is 165 sq meters (1,776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Lane |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Lancaster Lane |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crabtrees |
| Jul 2024 | Burglary | Under investigation | On or near Allard Way |