£203,540
This estimated value is based upon the latest sale price for the house of £165,000 on 19 Dec 2018. 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 Begonia Close
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
Price Paid | Date |
---|---|
£165,000 | 19 Dec 2018 |
£100,000 | 26 Jan 2012 |
£86,000 | 12 Jul 2002 |
£45,000 | 26 Nov 1998 |
£33,000 | 3 Mar 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 December 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £165,000 results in an estimated price of approximately £203,540.
19 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £165,000 | £38,540 | £203,540 |
The Postcode Pricing Model uses changes in average sales price within the CM1 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 | -38.516 % | £-63,551 | £101,448 |
3 Month Average | -4.272 % | £-7,048 | £157,951 |
6 Month Average | 7.283 % | £12,016 | £177,016 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £274,057 | £270,000 | 43 CANDYTUFT ROAD |
29 Sep 2023 | £389,986 | £385,000 | 63 PETUNIA CRESCENT |
29 Jun 2023 | £334,046 | £330,000 | 27 CANDYTUFT ROAD |
18 Jan 2023 | £462,820 | £465,000 | 46 PETUNIA CRESCENT |
17 Jun 2022 | £507,167 | £500,000 | 2 PETUNIA CRESCENT |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 12 Oct 2013. Using an estimated price of £203,541 means this house is valued at £4,523 per sq meter (£420 per sq foot).
The average size of a house on PETUNIA CRESCENT is 77 sq meters (834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Begonia Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Begonia Close |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Begonia Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foxglove Way |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Foxglove Way |