£352,949
This estimated value is based upon the latest sale price for the house of £225,000 on 7 Apr 2014. 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 |
|---|---|
| £225,000 | 7 Apr 2014 |
| £175,000 | 25 Jul 2011 |
| £99,950 | 14 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 757 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 2014 the House Price Index for ESSEX was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £225,000 results in an estimated price of approximately £352,949.
| 7 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £225,000 | £127,949 | £352,949 |
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 | 62.625 % | £140,907 | £365,907 |
| 3 Month Average | 22.977 % | £51,698 | £276,698 |
| 6 Month Average | 30.599 % | £68,847 | £293,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £322,152 | £320,000 | 76 WINSTANLEY ROAD |
| 30 Jun 2022 | £475,157 | £465,000 | 5 OLD MILL ROAD |
| 26 Jan 2022 | £355,166 | £335,000 | 60 WINSTANLEY ROAD |
| 13 Jan 2022 | £397,574 | £375,000 | 67 WINSTANLEY ROAD |
| 4 Jan 2022 | £381,671 | £360,000 | 15 RAILEY ROAD |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 21 Apr 2011. Using an estimated price of £352,950 means this house is valued at £5,012 per sq meter (£465 per sq foot).
The average size of a house on RAILEY ROAD is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Northfield Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Winstanley Road |
| Jun 2024 | Drugs | Under investigation | On or near Ansgar Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ansgar Road |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Ansgar Road |