£776,545
This estimated value is based upon the latest sale price for the house of £640,000 on 6 Mar 2020. 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 |
|---|---|
| £640,000 | 6 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £640,000 results in an estimated price of approximately £776,545.
| 6 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £640,000 | £136,545 | £776,545 |
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 | -45.487 % | £-291,116 | £348,883 |
| 3 Month Average | 17.265 % | £110,497 | £750,497 |
| 6 Month Average | 14.119 % | £90,358 | £730,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2024 | £370,000 | £370,000 | 9 ALPHA PLACE |
| 31 May 2024 | £800,000 | £800,000 | 13 LONGHEDGES |
| 17 May 2024 | £395,000 | £395,000 | 6 ALPHA PLACE |
| 18 Oct 2023 | £486,039 | £475,000 | 21 VICTORIA AVENUE |
| 8 Aug 2023 | £114,057 | £112,000 | APARTMENT 17 LANCASTER HOUSE SOUTH ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 22 Jan 2020. Using an estimated price of £776,546 means this house is valued at £5,430 per sq meter (£504 per sq foot).
The average size of a house on FARMADINE GROVE is 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longhedges |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longhedges |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Four Acres |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Station Road |
| Oct 2024 | Burglary | Under investigation | On or near Audley Road |