£591,349
This estimated value is based upon the latest sale price for the house of £390,000 on 18 Sep 2014. 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 |
|---|---|
| £390,000 | 18 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 September 2014 the House Price Index for ESSEX was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £390,000 results in an estimated price of approximately £591,349.
| 18 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £390,000 | £201,349 | £591,349 |
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 | 60.174 % | £234,678 | £624,678 |
| 3 Month Average | 53.872 % | £210,099 | £600,099 |
| 6 Month Average | 36.597 % | £142,726 | £532,726 |
| 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 |
| 20 Jan 2023 | £442,432 | £441,250 | 71A THAXTED ROAD |
| 31 Mar 2022 | £160,287 | £153,541 | 33 CRABTREES |
| 31 Mar 2022 | £128,233 | £122,836 | 34 CRABTREES |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 24 Jan 2015. Using an estimated price of £591,349 means this house is valued at £8,447 per sq meter (£784 per sq foot).
The average size of a house on VICTORIA GARDENS is 155 sq meters (1,668 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Lane |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Lancaster Lane |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Allard Way |
| Jul 2024 | Burglary | Under investigation | On or near Allard Way |