£626,373
This estimated value is based upon the latest sale price for the house of £577,000 on 27 Sep 2021. 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 |
|---|---|
| £577,000 | 27 Sep 2021 |
| £542,013 | 17 Aug 2020 |
| £265,000 | 24 Nov 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £577,000 results in an estimated price of approximately £626,373.
| 27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £577,000 | £49,373 | £626,373 |
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 | 6.287 % | £36,273 | £613,273 |
| 3 Month Average | 20.465 % | £118,084 | £695,084 |
| 6 Month Average | 11.471 % | £66,185 | £643,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £1,186,457 | £1,150,000 | 4 VICTORIA GARDENS |
| 18 Oct 2023 | £486,039 | £475,000 | 21 VICTORIA AVENUE |
| 27 Sep 2023 | £264,838 | £259,000 | 1 ALLARD WAY |
| 13 Jun 2023 | £346,953 | £340,000 | 4 GABRIEL COURT SOUTH ROAD |
| 12 Apr 2022 | £267,136 | £257,500 | 5 GABRIEL COURT SOUTH ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 15 Jan 2020. Using an estimated price of £626,373 means this house is valued at £7,283 per sq meter (£676 per sq foot).
The average size of a house on VICTORIA AVENUE is 109 sq meters (1,183 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Lane |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Lancaster Lane |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Allard Way |
| Jul 2024 | Burglary | Under investigation | On or near Allard Way |