£486,038
This estimated value is based upon the latest sale price for the house of £475,000 on 18 Oct 2023. 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 |
|---|---|
| £475,000 | 18 Oct 2023 |
| £288,341 | 19 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 October 2023 the House Price Index for ESSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £475,000 results in an estimated price of approximately £486,038.
| 18 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £475,000 | £11,038 | £486,038 |
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 | 136.760 % | £649,610 | £1,124,610 |
| 3 Month Average | 0.795 % | £3,778 | £478,778 |
| 6 Month Average | 0.775 % | £3,682 | £478,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £261,642 | £255,000 | 18 GABRIEL COURT SOUTH ROAD |
| 18 Oct 2023 | £486,039 | £475,000 | 21 VICTORIA AVENUE |
| 13 Jun 2023 | £346,953 | £340,000 | 4 GABRIEL COURT SOUTH ROAD |
| 11 Nov 2022 | £532,510 | £535,000 | 9 FARMADINE GROVE |
| 15 Jun 2022 | £275,898 | £270,000 | 12 GABRIEL COURT SOUTH ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 15 Aug 2014. Using an estimated price of £486,039 means this house is valued at £5,116 per sq meter (£475 per sq foot).
The average size of a house on VICTORIA AVENUE is 109 sq meters (1,183 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Corn Mill Court |
| Jul 2024 | Burglary | Under investigation | On or near Allard Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allard Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Lane |