£338,913
This estimated value is based upon the latest sale price for the house of £215,000 on 6 Jul 2007. 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 |
|---|---|
| £215,000 | 6 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 2007 the House Price Index for ESSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £215,000 results in an estimated price of approximately £338,913.
| 6 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £215,000 | £123,913 | £338,913 |
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 | 29.287 % | £62,967 | £277,967 |
| 3 Month Average | 49.186 % | £105,750 | £320,750 |
| 6 Month Average | 46.124 % | £99,166 | £314,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 4 Jan 2022 | £378,867 | £360,000 | 15 RAILEY ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 27 Nov 2018. Using an estimated price of £338,913 means this house is valued at £3,227 per sq meter (£299 per sq foot).
There is one other house on the street which we know the size of, this is 14 PENNYSTONE ROAD it is 96.64
| 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 | Vehicle crime | Under investigation | On or near Ansgar Road |