£1,523,405
This estimated value is based upon the latest sale price for the house of £1,500,000 on 27 Mar 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
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38 High Street, Saffron Walden, CB10 1EP
Phone: 01799801960
| Price Paid | Date |
|---|---|
| £1,500,000 | 27 Mar 2024 |
| 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 March 2024 the House Price Index for ESSEX was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,523,405.
| 27 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £1,500,000 | £23,405 | £1,523,405 |
The Postcode Pricing Model uses changes in average sales price within the CB10 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 | 33.241 % | £498,620 | £1,998,620 |
| 3 Month Average | 0.611 % | £9,168 | £1,509,168 |
| 6 Month Average | -6.482 % | £-97,223 | £1,402,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £395,000 | £395,000 | 5 BRIDGE STREET |
| 4 Apr 2024 | £731,351 | £725,000 | THE SAFFRON HOTEL, 8 - 12 HIGH STREET |
| 27 Mar 2024 | £1,523,406 | £1,500,000 | 6 PARK LANE |
| 8 Dec 2023 | £340,462 | £330,000 | 22 GIBSON WAY |
| 26 Jan 2023 | £496,326 | £495,000 | RAYNHAMS COTTAGE, 17B HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Lane |
| Jul 2024 | Anti-social behaviour | On or near Raynhams | |
| Jul 2024 | Anti-social behaviour | On or near Raynhams | |
| Jul 2024 | Anti-social behaviour | On or near Raynhams | |
| Aug 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Abbey Lane |