£1,341,432
This estimated value is based upon the latest sale price for the house of £1,000,000 on 7 Jul 2016. 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 |
|---|---|
| £1,000,000 | 7 Jul 2016 |
| £276,000 | 11 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 219 sq meters or 2,357 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 July 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,341,432.
| 7 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £1,000,000 | £341,432 | £1,341,432 |
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 | 14.600 % | £145,996 | £1,145,996 |
| 3 Month Average | 15.818 % | £158,180 | £1,158,180 |
| 6 Month Average | 24.438 % | £244,382 | £1,244,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £1,186,457 | £1,150,000 | 4 VICTORIA GARDENS |
| 23 Nov 2023 | £249,329 | £243,000 | 6 CRABTREES |
| 19 Jun 2023 | £316,339 | £310,000 | 94 THAXTED ROAD |
| 20 Jan 2023 | £442,432 | £441,250 | 71A THAXTED ROAD |
| 29 Apr 2022 | £643,202 | £620,000 | 74 THAXTED ROAD |
This house has a floor area of 219 sq meters or 2,357 sq feet when measured on 28 Jan 2016. Using an estimated price of £1,341,433 means this house is valued at £6,125 per sq meter (£569 per sq foot).
The average size of a house on VICTORIA GARDENS is 155 sq meters (1,668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Lane |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Lancaster Lane |