£541,804
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 84.8.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 20.401%.Applying this 20.401% change to the original purchase price of £450,000 results in an estimated price of approximately £541,804.
| 28 Oct 2020 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 102.1 | 20.401 % | £450,000 | £91,804 | £541,804 |
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 | 1.385 % | £6,233 | £456,233 |
| 3 Month Average | 1.741 % | £7,833 | £457,833 |
| 6 Month Average | 9.558 % | £43,012 | £493,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jan 2025 | £249,000 | £249,000 | 17 MILL LANE |
| 16 Jan 2025 | £565,000 | £565,000 | 2 THORNCROFT |
| 10 Jan 2025 | £265,000 | £265,000 | 2 MILL LANE |
| 18 Dec 2024 | £347,382 | £345,000 | 28 MILL LANE |
| 6 Dec 2024 | £468,210 | £465,000 | 101 ASHDON ROAD |
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 £541,804 means this house is valued at £4,404 per sq meter (£409 per sq foot).
The average size of a house on THORNCROFT is 132 sq meters (1,428 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Local resolution | On or near Thorncroft |
| Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckenhoe Road |
| Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckenhoe Road |
| Feb 2025 | Anti-social behaviour | On or near Buckenhoe Road | |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckenhoe Road |