£596,247
This estimated value is based upon the latest sale price for the house of £344,950 on 8 Aug 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8 Hill Street, Saffron Walden, CB10 1JD
Phone: 01799801962
| Price Paid | Date |
|---|---|
| £344,950 | 8 Aug 2011 |
| £293,000 | 16 Sep 2005 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 August 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £344,950 results in an estimated price of approximately £596,247.
| 8 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £344,950 | £251,297 | £596,247 |
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 | 16.901 % | £58,300 | £403,250 |
| 3 Month Average | 12.238 % | £42,216 | £387,166 |
| 6 Month Average | 10.829 % | £37,354 | £382,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2022 | £473,725 | £475,000 | 5 BELL COLLEGE COURT SOUTH ROAD |
| 30 Jun 2022 | £471,666 | £465,000 | 5 OLD MILL ROAD |
| 28 Jan 2022 | £505,156 | £480,000 | 8 OLD MILL ROAD |
| 4 Jan 2022 | £378,867 | £360,000 | 15 RAILEY ROAD |
| 30 Sep 2021 | £611,534 | £567,500 | 25 BELL COLLEGE COURT SOUTH ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 10 May 2011. Using an estimated price of £596,247 means this house is valued at £5,184 per sq meter (£481 per sq foot).
The average size of a house on OLD MILL ROAD is 115 sq meters (1,244 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Railey Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Railey Road |
| Feb 2024 | Other theft | Under investigation | On or near Old Mill Road |
| Feb 2024 | Other crime | Under investigation | On or near Old Mill Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Peaslands Road |