£441,646
This estimated value is based upon the latest sale price for the house of £295,000 on 29 Oct 2014. 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 |
|---|---|
| £295,000 | 29 Oct 2014 |
| £279,995 | 17 Sep 2013 |
| £141,500 | 17 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £295,000 results in an estimated price of approximately £441,646.
| 29 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £295,000 | £146,646 | £441,646 |
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 | 20.331 % | £59,975 | £354,975 |
| 3 Month Average | 34.154 % | £100,754 | £395,754 |
| 6 Month Average | 39.269 % | £115,843 | £410,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £508,904 | £500,000 | 4 QUALE ROAD |
| 25 Jul 2023 | £354,775 | £350,000 | 36 SILVESTER WAY |
| 14 Apr 2023 | £335,614 | £332,000 | 15 SILVESTER WAY |
| 12 Aug 2022 | £428,846 | £430,000 | 7 SILVESTER WAY |
| 5 Jan 2022 | £323,089 | £307,000 | 34 SILVESTER WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 19 Jun 2013. Using an estimated price of £441,646 means this house is valued at £5,385 per sq meter (£500 per sq foot).
The average size of a house on CROZIER TERRACE is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Portway |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sheldrick Link |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milbank |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Milbank |
| Dec 2023 | Criminal damage and arson | Action to be taken by another organisation | On or near Milbank |