£61,565
This estimated value is based upon the latest sale price for the house of £42,500 on 20 Jun 1995. 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 |
---|---|
£42,500 | 20 Jun 1995 |
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 June 1995 the House Price Index for ESSEX was 72.0.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 44.861%.Applying this 44.861% change to the original purchase price of £42,500 results in an estimated price of approximately £61,565.
20 Jun 1995 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.0 | 104.3 | 44.861 % | £42,500 | £19,065 | £61,565 |
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 | 486.163 % | £206,619 | £249,119 |
3 Month Average | 488.701 % | £207,697 | £250,197 |
6 Month Average | 500.761 % | £212,823 | £255,323 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2025 | £190,000 | £190,000 | 5 HADFELDA SQUARE |
28 Feb 2025 | £578,880 | £570,000 | 7 ROOKERY CLOSE |
13 Feb 2025 | £634,737 | £625,000 | 4 THE PINES |
23 Jan 2025 | £923,917 | £900,000 | 17 YEW TREE CLOSE |
10 Jan 2025 | £326,451 | £318,000 | 2 LARCH WALK |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Violence and sexual offences | Under investigation | On or near Woodland Close |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Close |
Feb 2025 | Public order | Under investigation | On or near Woodland Close |
Feb 2025 | Public order | Under investigation | On or near Woodland Close |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Close |