£435,140
This estimated value is based upon the latest sale price for the house of £249,999 on 20 Sep 2011. 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 |
|---|---|
| £249,999 | 20 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 873 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 September 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £249,999 results in an estimated price of approximately £435,140.
| 20 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £249,999 | £185,141 | £435,140 |
The Postcode Pricing Model uses changes in average sales price within the CB11 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 | 39.764 % | £99,409 | £349,408 |
| 3 Month Average | 42.937 % | £107,342 | £357,341 |
| 6 Month Average | 41.178 % | £102,944 | £352,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £249,329 | £243,000 | 6 CRABTREES |
| 18 Oct 2023 | £432,319 | £422,500 | 1 STANLEYS FARM ROAD |
| 2 Oct 2023 | £437,947 | £428,000 | 18 STANLEYS FARM ROAD |
| 9 Aug 2023 | £613,566 | £602,500 | 155 THAXTED ROAD |
| 1 Feb 2023 | £800,346 | £795,000 | 43 PEASLANDS ROAD |
This house has a floor area of 81 sq meters or 873 sq feet when measured on 24 Aug 2009. Using an estimated price of £435,140 means this house is valued at £5,364 per sq meter (£498 per sq foot).
The average size of a house on THAXTED ROAD is 100 sq meters (1,082 sq feet).