£541,643
This estimated value is based upon the latest sale price for the house of £525,000 on 5 Dec 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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57 High Street, Saffron Walden, CB10 1AA
Phone: 01799588204
| Price Paid | Date |
|---|---|
| £525,000 | 5 Dec 2023 |
| 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 December 2023 the House Price Index for ESSEX was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £525,000 results in an estimated price of approximately £541,643.
| 5 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £525,000 | £16,643 | £541,643 |
The Postcode Pricing Model uses changes in average sales price within the CB11 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 | 45.385 % | £238,272 | £763,272 |
| 3 Month Average | 37.754 % | £198,209 | £723,209 |
| 6 Month Average | 14.424 % | £75,724 | £600,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £315,000 | £315,000 | 65 CHERRY GARDEN LANE |
| 15 Mar 2024 | £319,915 | £315,000 | THE CORNER HOUSE, 29A CHERRY GARDEN LANE |
| 5 Dec 2023 | £541,644 | £525,000 | 53 WICKEN ROAD |
| 28 Nov 2023 | £307,814 | £300,000 | 61 CHERRY GARDEN LANE |
| 27 Oct 2023 | £931,148 | £910,000 | 3 WICKEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wicken Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orchard Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wicken Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wicken Road |