£401,800
This estimated value is based upon the latest sale price for the house of £340,000 on 30 Oct 2020. 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 |
|---|---|
| £340,000 | 30 Oct 2020 |
| Semi-Detached |
| 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £340,000 results in an estimated price of approximately £401,800.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £340,000 | £61,800 | £401,800 |
The Postcode Pricing Model uses changes in average sales price within the CM3 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 | -5.875 % | £-19,975 | £320,024 |
| 3 Month Average | -0.712 % | £-2,420 | £337,579 |
| 6 Month Average | 10.226 % | £34,767 | £374,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £405,000 | £405,000 | 24 GLENEAGLES WAY |
| 11 Dec 2023 | £479,742 | £465,000 | LITTLE OAKS MALDON ROAD |
| 8 Dec 2023 | £515,846 | £499,995 | 11 BIRKDALE RISE |
| 4 Dec 2023 | £691,235 | £669,995 | 15 BIRKDALE RISE |
| 2 Nov 2023 | £641,273 | £624,995 | 25 BIRKDALE RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebefield Road |
| Sep 2024 | Anti-social behaviour | On or near Birkdale Rise | |
| Sep 2024 | Anti-social behaviour | On or near Birkdale Rise | |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wentworth Close |