£533,864
This estimated value is based upon the latest sale price for the house of £490,000 on 1 Nov 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 |
|---|---|
| £490,000 | 1 Nov 2021 |
| £420,000 | 7 Dec 2018 |
| £210,000 | 19 Apr 2002 |
| £135,500 | 31 Oct 1998 |
| £127,000 | 25 Apr 1997 |
| 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £490,000 results in an estimated price of approximately £533,864.
| 1 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £490,000 | £43,864 | £533,864 |
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 | -14.614 % | £-71,609 | £418,390 |
| 3 Month Average | 8.130 % | £39,835 | £529,835 |
| 6 Month Average | -1.057 % | £-5,179 | £484,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £413,282 | £405,000 | 7 GWYN CLOSE |
| 21 Nov 2022 | £378,231 | £380,000 | 82 ST ANDREWS ROAD |
| 25 Aug 2022 | £430,011 | £428,000 | 49 BUTTERFIELD ROAD |
| 21 Mar 2022 | £388,865 | £372,500 | 80 ST ANDREWS ROAD |
| 23 Feb 2022 | £475,406 | £450,000 | 25 HULTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Hulton Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hulton Close |
| Jul 2024 | Other crime | Under investigation | On or near St Andrews Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brick House Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brick House Lane |