£2,433,198
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Oct 2023. 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 Hopkins Close
More crime details
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £400,000 | 20 Oct 2023 |
| £95,000 | 30 Jul 1999 |
| £72,000 | 3 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £400,000 results in an estimated price of approximately £2,433,198.
| 20 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £400,000 | £2,033,198 | £2,433,198 |
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 | 37.109 % | £148,436 | £548,436 |
| 3 Month Average | -8.178 % | £-32,712 | £367,287 |
| 6 Month Average | -5.106 % | £-20,424 | £379,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £597,187 | £600,000 | 44 HOPKINS MEAD |
| 25 Nov 2022 | £486,112 | £492,000 | 20 HOPKINS MEAD |
| 27 Jun 2022 | £542,669 | £535,000 | 7 CASWELL MEWS |
| 29 Sep 2021 | £619,616 | £575,000 | 8 FAIRFAX MEAD |
| 20 Aug 2021 | £457,402 | £410,000 | 14 HOPKINS MEAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Dec 2017.
The average size of a house on HOPKINS MEAD is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Hopkins Close |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Hopkins Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hopkins Close |
| Dec 2023 | Other theft | Awaiting court outcome | On or near Hopkins Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cartwright Walk |