£436,206
This estimated value is based upon the latest sale price for the house of £400,000 on 30 Jun 2021. 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 |
|---|---|
| £400,000 | 30 Jun 2021 |
| £195,000 | 2 Sep 2011 |
| £178,000 | 5 Dec 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 June 2021 the House Price Index for ESSEX was 92.8.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 9.052%.Applying this 9.052% change to the original purchase price of £400,000 results in an estimated price of approximately £436,206.
| 30 Jun 2021 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.8 | 101.2 | 9.052 % | £400,000 | £36,206 | £436,206 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | -9.640 % | £-38,561 | £361,438 |
| 3 Month Average | -1.343 % | £-5,370 | £394,629 |
| 6 Month Average | -3.341 % | £-13,363 | £386,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £423,116 | £413,500 | 50 GILMORE WAY |
| 8 Dec 2023 | £390,834 | £375,000 | 9 PAWLE CLOSE |
| 5 Dec 2023 | £453,368 | £435,000 | 6 BARRINGTON CLOSE |
| 24 Nov 2023 | £316,250 | £305,000 | 43 HARROW WAY |
| 6 Nov 2023 | £502,889 | £485,000 | 18 ISAAC SQUARE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 26 May 2021. Using an estimated price of £436,207 means this house is valued at £4,901 per sq meter (£455 per sq foot).
The average size of a house on HARROW WAY is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Anti-social behaviour | On or near Stuart Close | |
| Jan 2025 | Violence and sexual offences | Action to be taken by another organisation | On or near Stuart Close |
| Dec 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stuart Close |
| Jan 2025 | Anti-social behaviour | On or near Hollycroft | |
| Jan 2025 | Anti-social behaviour | On or near Hollycroft |