£231,187
This estimated value is based upon the latest sale price for the house of £65,500 on 2 Feb 2001. 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 |
|---|---|
| £65,500 | 2 Feb 2001 |
| £58,000 | 28 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 556 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 February 2001 the House Price Index for ESSEX was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £65,500 results in an estimated price of approximately £231,187.
| 2 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 148.6 | 252.958 % | £65,500 | £165,687 | £231,187 |
The Postcode Pricing Model uses changes in average sales price within the CM1 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 | 118.802 % | £77,815 | £143,315 |
| 3 Month Average | 205.626 % | £134,685 | £200,185 |
| 6 Month Average | 238.512 % | £156,225 | £221,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £474,148 | £470,000 | 7 ALYSSUM CLOSE |
| 8 Aug 2023 | £378,310 | £375,000 | 33 PRIMULA WAY |
| 18 Apr 2023 | £353,810 | £350,000 | 37 PRIMULA WAY |
| 24 Mar 2023 | £375,538 | £372,000 | 73 PETUNIA CRESCENT |
| 2 Aug 2022 | £443,805 | £445,000 | 10 ALYSSUM CLOSE |
This house has a floor area of 51 sq meters or 556 sq feet when measured on 13 Mar 2009. Using an estimated price of £231,187 means this house is valued at £4,473 per sq meter (£415 per sq foot).
The average size of a house on LOBELIA CLOSE is 72 sq meters (782 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Foxglove Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foxglove Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxglove Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxglove Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Lodge Tye |