£1,053,844
This estimated value is based upon the latest sale price for the house of £975,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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57 High Street, Saffron Walden, CB10 1AA
Phone: 01799588204
| Price Paid | Date |
|---|---|
| £975,000 | 30 Jun 2021 |
| £700,000 | 31 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 £975,000 results in an estimated price of approximately £1,053,844.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £975,000 | £78,844 | £1,053,844 |
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 | -20.396 % | £-198,858 | £776,141 |
| 3 Month Average | -17.339 % | £-169,059 | £805,940 |
| 6 Month Average | -19.948 % | £-194,495 | £780,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £1,523,406 | £1,500,000 | 6 PARK LANE |
| 8 Dec 2023 | £340,462 | £330,000 | 22 GIBSON WAY |
| 8 Sep 2023 | £746,455 | £730,000 | 25 SAXON WAY |
| 13 Jul 2022 | £757,591 | £750,000 | 22 SAXON WAY |
| 22 Jun 2022 | £572,232 | £560,000 | 3 GIBSON CLOSE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 15 Mar 2017. Using an estimated price of £1,053,845 means this house is valued at £7,218 per sq meter (£670 per sq foot).
The average size of a house on GIBSON CLOSE is 142 sq meters (1,531 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Abbey Lane |
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Gibson Way |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Lane |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Beck Road |
| Jun 2024 | Anti-social behaviour | On or near Parking Area |