£510,735
This estimated value is based upon the latest sale price for the house of £377,500 on 1 Aug 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Tyrells Way
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £377,500 | 1 Aug 2016 |
| £250,000 | 28 Sep 2012 |
| £250,000 | 20 Sep 2004 |
| £225,000 | 18 Dec 2002 |
| 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 August 2016 the House Price Index for ESSEX was 74.8.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 35.294%.Applying this 35.294% change to the original purchase price of £377,500 results in an estimated price of approximately £510,735.
| 1 Aug 2016 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 74.8 | 101.2 | 35.294 % | £377,500 | £133,235 | £510,735 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 8.958 % | £33,814 | £411,314 |
| 3 Month Average | 16.812 % | £63,466 | £440,966 |
| 6 Month Average | 25.314 % | £95,562 | £473,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2024 | £328,571 | £325,000 | 6 THE CAUSEWAY |
| 24 May 2024 | £229,768 | £225,000 | 31 MALDON ROAD |
| 19 Apr 2023 | £494,710 | £482,000 | 64 LONGMEAD AVENUE |
| 6 Apr 2023 | £461,866 | £450,000 | 105 LONGMEAD AVENUE |
| 17 Jan 2023 | £564,190 | £557,500 | 107 LONGMEAD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Burglary | Investigation complete; no suspect identified | On or near Tyrells Way |
| Dec 2024 | Criminal damage and arson | Under investigation | On or near Barclay Close |
| Dec 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barclay Close |
| Oct 2024 | Public order | Local resolution | On or near Lyster Avenue |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Lyster Avenue |