£402,648
This estimated value is based upon the latest sale price for the house of £325,000 on 1 Jun 2018. 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 |
|---|---|
| £325,000 | 1 Jun 2018 |
| £250,000 | 17 Apr 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2018 the House Price Index for ESSEX was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £325,000 results in an estimated price of approximately £402,648.
| 1 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £325,000 | £77,648 | £402,648 |
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 | 7.965 % | £25,886 | £350,886 |
| 3 Month Average | -8.282 % | £-26,916 | £298,083 |
| 6 Month Average | -8.780 % | £-28,535 | £296,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £290,496 | £285,000 | 8 WELL GREEN CLOSE |
| 24 Mar 2023 | £180,978 | £180,000 | 2 ROMANI COURT HILLTOP LANE |
| 1 Aug 2022 | £645,638 | £650,000 | 8 HILLTOP LANE |
| 1 Apr 2022 | £200,000 | £195,000 | 1 ROMANI COURT HILLTOP LANE |
| 28 Feb 2022 | £412,562 | £395,000 | 21 CROMWELL ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 2 Jun 2014. Using an estimated price of £402,649 means this house is valued at £5,033 per sq meter (£467 per sq foot).
The average size of a house on REDDINGS CLOSE is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cromwell Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenways |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Plantation Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Ross Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Plantation Close |