£1,578,126
This estimated value is based upon the latest sale price for the house of £960,000 on 17 Sep 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £960,000 | 17 Sep 2013 |
| Detached |
| Freehold |
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 September 2013 the House Price Index for ESSEX was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £960,000 results in an estimated price of approximately £1,578,126.
| 17 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £960,000 | £618,126 | £1,578,126 |
The Postcode Pricing Model uses changes in average sales price within the CM3 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 | -7.495 % | £-71,955 | £888,044 |
| 3 Month Average | 17.054 % | £163,715 | £1,123,715 |
| 6 Month Average | 56.734 % | £544,643 | £1,504,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £459,952 | £455,000 | 6 RUNSELL VIEW |
| 6 Jan 2023 | £622,070 | £625,000 | 58 HOPPING JACKS LANE |
| 28 Jun 2022 | £365,160 | £360,000 | 37 RUNSELL VIEW |
| 30 Apr 2021 | £186,315 | £165,000 | 28 DOCKWRA LANE |
| 17 Mar 2021 | £1,558,352 | £1,400,000 | 5 LITCHBOROUGH PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nursery Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Nursery Lane |
| Mar 2024 | Anti-social behaviour | On or near Dockwra Lane | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dockwra Lane |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rumsey Fields |