£128,962
This estimated value is based upon the latest sale price for the house of £125,000 on 5 Dec 2023. 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 |
|---|---|
| £125,000 | 5 Dec 2023 |
| £92,500 | 11 Sep 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 December 2023 the House Price Index for ESSEX was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £125,000 results in an estimated price of approximately £128,962.
| 5 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £125,000 | £3,962 | £128,962 |
The Postcode Pricing Model uses changes in average sales price within the CB10 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 | 7.095 % | £8,869 | £133,869 |
| 3 Month Average | -8.984 % | £-11,229 | £113,770 |
| 6 Month Average | -8.758 % | £-10,947 | £114,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £128,963 | £125,000 | 4 HADLEIGH COURT CARNATION DRIVE |
| 6 Oct 2023 | £286,507 | £280,000 | 26 ST JAMES COURT |
| 14 Mar 2023 | £5,649,345 | £5,555,000 | LARK TECHNOLOGIES INC RADWINTER ROAD |
| 13 Mar 2023 | £371,199 | £365,000 | 4 LAVENDER FIELD |
| 24 Aug 2022 | £321,503 | £320,000 | 12 ST JAMES COURT |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 21 May 2019. Using an estimated price of £128,963 means this house is valued at £3,907 per sq meter (£363 per sq foot).
The average size of a house on CARNATION DRIVE is 55 sq meters (595 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Elizabeth Way |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hamilton Mews |
| Jul 2024 | Other crime | Offender given a caution | On or near Hamilton Mews |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Spike |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Spike |