£531,795
This estimated value is based upon the latest sale price for the house of £450,000 on 28 Oct 2020. 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 |
|---|---|
| £450,000 | 28 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £450,000 results in an estimated price of approximately £531,795.
| 28 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £450,000 | £81,795 | £531,795 |
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 | 3.195 % | £14,377 | £464,377 |
| 3 Month Average | 0.122 % | £550 | £450,550 |
| 6 Month Average | 5.480 % | £24,661 | £474,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £314,837 | £310,000 | 1 MILL LANE |
| 8 Mar 2024 | £294,525 | £290,000 | 7 MILL LANE |
| 10 Nov 2023 | £528,413 | £515,000 | 24 DAWSON CLOSE |
| 2 Aug 2023 | £570,286 | £560,000 | 2 THORNCROFT |
| 5 Apr 2023 | £244,575 | £240,000 | 42 HARVEY WAY |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 18 May 2016. Using an estimated price of £531,795 means this house is valued at £4,323 per sq meter (£401 per sq foot).
The average size of a house on THORNCROFT is 132 sq meters (1,428 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckenhoe Road |
| Jul 2024 | Other theft | Action to be taken by another organisation | On or near Buckenhoe Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckenhoe Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Harvey Way |