£589,257
This estimated value is based upon the latest sale price for the house of £550,000 on 9 Dec 2021. 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 |
|---|---|
| £550,000 | 9 Dec 2021 |
| £295,000 | 24 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £550,000 results in an estimated price of approximately £589,257.
| 9 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £550,000 | £39,257 | £589,257 |
The Postcode Pricing Model uses changes in average sales price within the CB10 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 | -44.314 % | £-243,725 | £306,274 |
| 3 Month Average | -4.655 % | £-25,603 | £524,396 |
| 6 Month Average | 7.975 % | £43,862 | £593,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £310,000 | £310,000 | 1 MILL LANE |
| 8 Mar 2024 | £290,000 | £290,000 | 7 MILL LANE |
| 29 Sep 2023 | £395,051 | £390,000 | 43 RADWINTER ROAD |
| 19 Sep 2023 | £192,461 | £190,000 | 20 SAFFRON LODGE RADWINTER ROAD |
| 15 Sep 2023 | £582,447 | £575,000 | 71 ASHDON ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 8 Sep 2021. Using an estimated price of £589,257 means this house is valued at £4,332 per sq meter (£402 per sq foot).
The average size of a house on SHEPHERDS WAY is 121 sq meters (1,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Shepherds Way |
| Mar 2024 | Anti-social behaviour | On or near Hollyhock Road | |
| Mar 2024 | Anti-social behaviour | On or near Hollyhock Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollyhock Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hollyhock Road |