£350,475
This estimated value is based upon the latest sale price for the house of £266,000 on 25 Nov 2016. 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 Barlow'S Reach
More crime details
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
Price Paid | Date |
---|---|
£266,000 | 25 Nov 2016 |
£74,995 | 27 Feb 1998 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2016 the House Price Index for ESSEX was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £266,000 results in an estimated price of approximately £350,475.
25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £266,000 | £84,475 | £350,475 |
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 | 1.688 % | £4,490 | £270,490 |
3 Month Average | 3.037 % | £8,079 | £274,079 |
6 Month Average | 8.972 % | £23,864 | £289,864 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £710,519 | £700,000 | 6 CUTON GROVE |
26 Sep 2023 | £410,245 | £405,000 | 17 MURRELL LOCK |
12 Sep 2023 | £473,555 | £467,500 | 31 BARLOWS REACH |
22 Aug 2023 | £337,957 | £335,000 | 29 MURRELL LOCK |
30 Mar 2023 | £514,851 | £510,000 | 4 MURRELL LOCK |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Feb 2016. Using an estimated price of £350,475 means this house is valued at £4,736 per sq meter (£440 per sq foot).
The average size of a house on BARLOWS REACH is 97 sq meters (1,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barlow'S Reach |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Barlow'S Reach |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Murrell Lock |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sutton Mead |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Suffolk Drive |