£498,335
This estimated value is based upon the latest sale price for the house of £500,000 on 21 Oct 2022. 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 |
|---|---|
| £500,000 | 21 Oct 2022 |
| Detached |
| Freehold |
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 2022 the House Price Index for ESSEX was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £500,000 results in an estimated price of approximately £498,335.
| 21 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £500,000 | £-1,664 | £498,335 |
The Postcode Pricing Model uses changes in average sales price within the CM6 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 | 29.377 % | £146,883 | £646,883 |
| 3 Month Average | -6.854 % | £-34,269 | £465,730 |
| 6 Month Average | -10.869 % | £-54,343 | £445,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £578,131 | £565,000 | CHAURETH COTTAGE CHERRY GREEN |
| 17 Aug 2023 | £605,929 | £595,000 | WISTERIA HOUSE |
| 10 Feb 2023 | £427,858 | £425,000 | HONEYSUCKLE COTTAGE HENHAM ROAD |
| 31 Jan 2023 | £531,420 | £530,000 | EAST VIEW |
| 26 Jan 2023 | £875,840 | £873,500 | WARRENS CUTLERS GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Henham Road |
| May 2024 | Anti-social behaviour | On or near Henham Road | |
| May 2024 | Anti-social behaviour | On or near Henham Road | |
| May 2024 | Drugs | Investigation complete; no suspect identified | On or near Henham Road |
| May 2024 | Anti-social behaviour | On or near Henham Road |