£412,018
This estimated value is based upon the latest sale price for the house of £390,000 on 10 Feb 2022. 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 |
|---|---|
| £390,000 | 10 Feb 2022 |
| £226,000 | 29 Oct 2004 |
| £185,000 | 28 Nov 2003 |
| Terraced |
| Freehold |
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 February 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £390,000 results in an estimated price of approximately £412,018.
| 10 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £390,000 | £22,018 | £412,018 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 53.821 % | £209,902 | £599,902 |
| 3 Month Average | 15.816 % | £61,681 | £451,681 |
| 6 Month Average | 10.348 % | £40,357 | £430,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £544,827 | £535,000 | 4 ALLEN WAY |
| 8 Jul 2022 | £654,559 | £648,000 | 25 BRYANT LINK |
| 24 May 2022 | £390,165 | £380,000 | 36 COWDRIE WAY |
| 10 Feb 2022 | £412,018 | £390,000 | 22 ALLEN WAY |
| 31 Jan 2022 | £492,992 | £465,000 | 12 BARROW CHASE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Awaiting court outcome | On or near Allen Way |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Bryant Link |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cowdrie Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meggy Tye |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meggy Tye |