54 SPRING LANE

£607,803

Full Address

54 SPRING LANE
FORDHAM HEATH
COLCHESTER
ESSEX
UNITED KINGDOM
CO3 9TG

Estimated Market Value

£607,803

This estimated value is based upon the latest sale price for the house of £475,000 on 10 Mar 2017. 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 Heathfields

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Map

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Transactions for this house
Price PaidDate
£475,00010 Mar 2017
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 March 2017 the House Price Index for ESSEX was 114.6.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.

Applying this 27.959% change to the original purchase price of £475,000 results in an estimated price of approximately £607,803.

10 Mar 2017 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
114.6 146.7 27.959 % £475,000 £132,803 £607,803

The Postcode Pricing Model uses changes in average sales price within the CO3 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 -18.098 % £-85,966 £389,033
3 Month Average 10.070 % £47,830 £522,830
6 Month Average 16.798 % £79,788 £554,788
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Dec 2023 Burglary Investigation complete; no suspect identified On or near Heathfields
Jan 2024 Other theft Investigation complete; no suspect identified On or near Brick Street
Jan 2024 Other crime Further action is not in the public interest On or near Brick Street
Feb 2024 Criminal damage and arson Unable to prosecute suspect On or near Farm Drive
Jan 2024 Public order Investigation complete; no suspect identified On or near Jubilee Meadow

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Companies Near Here
THE CRICKETERS (2006) LTD
The Cricketers Spring Lane Fordham Heath Colchester Essex CO3 9TG
ID BASS CONTROLS LIMITED
5 Searle Way Eight Ash Green Colchester Essex England CO6 3QS
SLM (REVENUE MANAGEMENT) LTD
SLM HOUSE EIGHT ASH GREEN COLCHESTER ESSEX CO6 3QS
HAB ELECTRICAL CONTRACTORS LIMITED
CERTAX ACCOUNTING (COLCHESTER) 29 SEARLE WAY EIGHT ASH GREEN COLCHESTER CO6 3QS
THSOFTWARE LTD
29 Searle Way Eight Ash Green Colchester England CO6 3QS

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People Near Here
MRS JENNY REBECCA PULFORD NHS
WHITEHOUSE FARM SPRING LANE, FORDHAM HEATH, CO3 9TG
STEPHEN SMITH Historic Information MANAGEMENT CONSULTANT
54 SPRING LANE, FORDHAM HEATH, CO3 9TG
Mrs Hilary June Rasor
96 Spring Lane, Fordham Heath, CO3 9TG
SHAUN KEVIN BRYANT Historic Information
22 SEARLE WAY, EIGHT ASH GREEN, CO6 3QS
MR SHAUN KEVIN BRYANT
22 SEARLE WAY, EIGHT ASH GREEN, CO6 3QS
MRS JULIE LINDA ALLUM HOUSEWIFE
THE CRICKETERS, SPRING LANE FORDHAM HEATH, CO3 9TG
NICOLA JAYNE BRYANT Historic Information DIRECTOR
22 SEARLE WAY, EIGHT ASH GREEN, CO6 3QS
DR PAUL ANDREW RASOR Historic Information
96 SPRING LANE, FORDHAM HEATH, CO3 9TG
MR IAN DAVID BASS OIL & GAS CONSULTANT
5 SEARLE WAY, EIGHT ASH GREEN, CO6 3QS
Mr Kirk Andrew Saywell
82 Spring Lane Fordham Heath, CO3 9TG
PATRICK DAVID PHILLIPS Historic Information
31 SEARLE WAY, EIGHT ASH GREEN, CO6 3QS
MATTHEW LEE ALLUM
THE CRICKETERS 74-80 SPRING LANE, FORDHAM HEATH, CO3 9TG
Mr Derek Allum
The Cricketers Spring Lane, Fordham Heath, CO3 9TG

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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