£345,772
This estimated value is based upon the latest sale price for the house of £207,500 on 15 Feb 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £207,500 | 15 Feb 2013 |
| £190,000 | 22 Oct 2010 |
| £190,000 | 15 May 2009 |
| £249,995 | 15 Aug 2007 |
| £195,000 | 28 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,369 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 February 2013 the House Price Index for ESSEX was 88.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.638%.Applying this 66.638% change to the original purchase price of £207,500 results in an estimated price of approximately £345,772.
| 15 Feb 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 146.7 | 66.638 % | £207,500 | £138,272 | £345,772 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 97.852 % | £203,042 | £410,542 |
| 3 Month Average | 57.126 % | £118,536 | £326,036 |
| 6 Month Average | 73.119 % | £151,721 | £359,221 |
This house has a floor area of 127 sq meters or 1,369 sq feet when measured on 1 Dec 2008.
The average size of a house on SPRINGHAM DRIVE is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Flavius Way |
| Dec 2023 | Drugs | Local resolution | On or near Otho Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Septimus Drive |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Oxley Parker Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Libius Drive |