£576,423
This estimated value is based upon the latest sale price for the house of £350,000 on 23 Aug 2013. 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 |
|---|---|
| £350,000 | 23 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2013 the House Price Index for ESSEX was 89.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 64.692%.Applying this 64.692% change to the original purchase price of £350,000 results in an estimated price of approximately £576,423.
| 23 Aug 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.0 | 64.692 % | £350,000 | £226,423 | £576,423 |
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 | 19.425 % | £67,988 | £417,988 |
| 3 Month Average | 41.994 % | £146,978 | £496,978 |
| 6 Month Average | 34.291 % | £120,018 | £470,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £258,316 | £255,000 | 18 GABRIEL COURT SOUTH ROAD |
| 13 Jun 2023 | £342,779 | £340,000 | 4 GABRIEL COURT SOUTH ROAD |
| 11 Nov 2022 | £526,463 | £535,000 | 9 FARMADINE GROVE |
| 15 Jun 2022 | £272,764 | £270,000 | 12 GABRIEL COURT SOUTH ROAD |
| 12 Apr 2022 | £264,103 | £257,500 | 5 GABRIEL COURT SOUTH ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 26 Apr 2013. Using an estimated price of £576,423 means this house is valued at £6,004 per sq meter (£557 per sq foot).
The average size of a house on VICTORIA AVENUE is 109 sq meters (1,183 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Victoria Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Gardens |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Corn Mill Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Corn Mill Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allard Way |