£359,518
This estimated value is based upon the latest sale price for the house of £282,000 on 5 Jul 2017. 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 |
|---|---|
| £282,000 | 5 Jul 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2017 the House Price Index for ESSEX was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £282,000 results in an estimated price of approximately £359,518.
| 5 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £282,000 | £77,518 | £359,518 |
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 | -3.248 % | £-9,158 | £272,841 |
| 3 Month Average | 2.164 % | £6,103 | £288,103 |
| 6 Month Average | -7.209 % | £-20,328 | £261,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £258,832 | £255,000 | 18 GABRIEL COURT SOUTH ROAD |
| 27 Sep 2023 | £262,354 | £259,000 | 1 ALLARD WAY |
| 13 Jun 2023 | £344,169 | £340,000 | 4 GABRIEL COURT SOUTH ROAD |
| 11 Nov 2022 | £528,597 | £535,000 | 9 FARMADINE GROVE |
| 12 Aug 2022 | £473,725 | £475,000 | 5 BELL COLLEGE COURT SOUTH ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 Feb 2013. Using an estimated price of £359,519 means this house is valued at £5,447 per sq meter (£506 per sq foot).
The average size of a house on SOUTH ROAD is 121 sq meters (1,310 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Allard Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Allard Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Allard Way |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Allard Way |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Lancaster Lane |