£704,026
This estimated value is based upon the latest sale price for the house of £405,450 on 9 Dec 2011. 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 |
|---|---|
| £405,450 | 9 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,482 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 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £405,450 results in an estimated price of approximately £704,026.
| 9 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £405,450 | £298,576 | £704,026 |
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 | 27.942 % | £113,292 | £518,742 |
| 3 Month Average | 58.815 % | £238,465 | £643,915 |
| 6 Month Average | 55.595 % | £225,409 | £630,859 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £264,838 | £259,000 | 1 ALLARD WAY |
| 8 Sep 2023 | £251,545 | £246,000 | 7 ALLARD WAY |
| 24 Aug 2022 | £266,245 | £265,000 | 9 ALLARD WAY |
| 28 Apr 2022 | £570,582 | £550,000 | 22 ALLARD WAY |
| 31 Mar 2022 | £160,287 | £153,541 | 33 CRABTREES |
This house has a floor area of 137 sq meters or 1,482 sq feet when measured on 27 Apr 2011. Using an estimated price of £704,027 means this house is valued at £5,113 per sq meter (£475 per sq foot).
The average size of a house on LANCASTER LANE is 165 sq meters (1,776 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 |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Allard Way |
| Jul 2024 | Burglary | Action to be taken by another organisation | On or near Allard Way |
| Oct 2024 | Anti-social behaviour | On or near Hop Fields |