£308,046
This estimated value is based upon the latest sale price for the house of £285,000 on 28 Jun 2021. 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 |
|---|---|
| £285,000 | 28 Jun 2021 |
| £183,000 | 28 May 2012 |
| £145,000 | 14 Apr 2009 |
| £165,000 | 25 Aug 2006 |
| £118,000 | 27 Jun 2003 |
| £61,950 | 10 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 519 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £285,000 results in an estimated price of approximately £308,046.
| 28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £285,000 | £23,046 | £308,046 |
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 | -14.433 % | £-41,133 | £243,866 |
| 3 Month Average | -14.272 % | £-40,676 | £244,323 |
| 6 Month Average | -19.600 % | £-55,860 | £229,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £352,777 | £345,000 | 1 DAISY COURT |
| 11 Aug 2023 | £478,633 | £470,000 | 7 ALYSSUM CLOSE |
| 8 Aug 2023 | £381,888 | £375,000 | 33 PRIMULA WAY |
| 18 Apr 2023 | £356,671 | £350,000 | 37 PRIMULA WAY |
| 2 Aug 2022 | £447,091 | £445,000 | 10 ALYSSUM CLOSE |
This house has a floor area of 48 sq meters or 519 sq feet when measured on 7 Mar 2012. Using an estimated price of £308,047 means this house is valued at £6,385 per sq meter (£593 per sq foot).
The average size of a house on PRIMULA WAY is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lobelia Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Foxglove Way |
| Aug 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Foxglove Way |
| Aug 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Foxglove Way |
| Jul 2024 | Anti-social behaviour | On or near Foxglove Way |