£621,026
This estimated value is based upon the latest sale price for the house of £570,000 on 22 Nov 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £570,000 | 22 Nov 2021 |
| £570,000 | 19 Nov 2021 |
| £520,000 | 15 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £570,000 results in an estimated price of approximately £621,026.
| 22 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £570,000 | £51,026 | £621,026 |
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 | 3.784 % | £21,570 | £591,570 |
| 3 Month Average | 3.223 % | £18,373 | £588,373 |
| 6 Month Average | -3.398 % | £-19,367 | £550,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £385,929 | £380,000 | 81 CORNELIUS VALE |
| 14 Dec 2023 | £554,540 | £537,500 | 97 CORNELIUS VALE |
| 10 Mar 2023 | £437,303 | £430,000 | 19 BRYANT LINK |
| 22 Jul 2022 | £823,249 | £815,000 | 7 CORNELIUS VALE |
| 8 Jul 2022 | £654,559 | £648,000 | 25 BRYANT LINK |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 15 Jun 2017. Using an estimated price of £621,026 means this house is valued at £4,669 per sq meter (£433 per sq foot).
The average size of a house on CORNELIUS VALE is 130 sq meters (1,407 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Bryant Link |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meggy Tye |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meggy Tye |
| Jun 2024 | Drugs | Awaiting court outcome | On or near Allen Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cowdrie Way |