£434,876
This estimated value is based upon the latest sale price for the house of £425,000 on 13 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 |
|---|---|
| £425,000 | 13 Oct 2023 |
| £229,000 | 2 Mar 2011 |
| £227,500 | 19 Oct 2007 |
| £56,000 | 31 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 £425,000 results in an estimated price of approximately £434,876.
| 13 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £425,000 | £9,876 | £434,876 |
The Postcode Pricing Model uses changes in average sales price within the CB10 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 | -10.589 % | £-45,005 | £379,994 |
| 3 Month Average | -5.685 % | £-24,161 | £400,838 |
| 6 Month Average | -4.150 % | £-17,637 | £407,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £314,837 | £310,000 | 1 MILL LANE |
| 8 Mar 2024 | £294,525 | £290,000 | 7 MILL LANE |
| 13 Oct 2023 | £434,877 | £425,000 | 25 SHEPHERDS WAY |
| 29 Sep 2023 | £398,791 | £390,000 | 43 RADWINTER ROAD |
| 19 Sep 2023 | £194,283 | £190,000 | 20 SAFFRON LODGE RADWINTER ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 29 Nov 2012. Using an estimated price of £434,877 means this house is valued at £4,026 per sq meter (£374 per sq foot).
The average size of a house on SHEPHERDS WAY is 121 sq meters (1,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shepherds Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Everitt Road |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Everitt Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hollyhock Road |