£454,494
This estimated value is based upon the latest sale price for the house of £318,000 on 13 Aug 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £318,000 | 13 Aug 2015 |
| £226,000 | 16 Dec 2009 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 881 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 August 2015 the House Price Index for ESSEX was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £318,000 results in an estimated price of approximately £454,494.
| 13 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £318,000 | £136,494 | £454,494 |
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 | -13.763 % | £-43,765 | £274,234 |
| 3 Month Average | 10.416 % | £33,122 | £351,122 |
| 6 Month Average | 25.718 % | £81,781 | £399,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £710,519 | £700,000 | 6 CUTON GROVE |
| 12 Sep 2023 | £473,555 | £467,500 | 31 BARLOWS REACH |
| 15 Jun 2023 | £556,744 | £550,000 | 15 MILLSON BANK |
| 2 Jun 2023 | £409,966 | £405,000 | 19 MILLSON BANK |
| 10 Feb 2023 | £404,728 | £405,000 | 12 ALBRA MEAD |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 9 Jul 2009. Using an estimated price of £454,494 means this house is valued at £5,549 per sq meter (£515 per sq foot).
The average size of a house on SUTTON MEAD is 113 sq meters (1,225 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barlow'S Reach |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meggy Tye |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkinsons Mead |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Suffolk Drive |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Suffolk Drive |