£689,255
This estimated value is based upon the latest sale price for the house of £435,000 on 18 Dec 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Cartwright Walk
More crime details
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £435,000 | 18 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 December 2013 the House Price Index for ESSEX was 92.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £435,000 results in an estimated price of approximately £689,255.
| 18 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 146.7 | 58.450 % | £435,000 | £254,255 | £689,255 |
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 | 39.636 % | £172,417 | £607,417 |
| 3 Month Average | 46.996 % | £204,431 | £639,431 |
| 6 Month Average | 51.365 % | £223,438 | £658,438 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 14 Jun 2016.
The average size of a house on FAIRFAX MEAD is 127 sq meters (1,371 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cartwright Walk |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Cartwright Walk |
| Mar 2024 | Drugs | Under investigation | On or near Palmers Croft |
| Feb 2024 | Drugs | Local resolution | On or near Palmers Croft |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palmers Croft |