£334,060
This estimated value is based upon the latest sale price for the house of £96,500 on 6 Apr 2001. 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 |
|---|---|
| £96,500 | 6 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 2001 the House Price Index for ESSEX was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £96,500 results in an estimated price of approximately £334,060.
| 6 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £96,500 | £237,560 | £334,060 |
The Postcode Pricing Model uses changes in average sales price within the CM1 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 | 111.092 % | £107,204 | £203,704 |
| 3 Month Average | 206.049 % | £198,837 | £295,337 |
| 6 Month Average | 236.982 % | £228,688 | £325,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £361,322 | £355,000 | 1 LILY CLOSE |
| 24 Nov 2023 | £274,057 | £270,000 | 43 CANDYTUFT ROAD |
| 29 Sep 2023 | £389,986 | £385,000 | 63 PETUNIA CRESCENT |
| 29 Jun 2023 | £334,046 | £330,000 | 27 CANDYTUFT ROAD |
| 18 Jan 2023 | £462,820 | £465,000 | 46 PETUNIA CRESCENT |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 31 Jul 2020. Using an estimated price of £334,060 means this house is valued at £4,772 per sq meter (£443 per sq foot).
The average size of a house on CAMELLIA CLOSE is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lily Close |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Lily Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lily Close |
| Feb 2024 | Burglary | Under investigation | On or near Begonia Close |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Begonia Close |