£1,525,610
This estimated value is based upon the latest sale price for the house of £1,200,000 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £1,200,000 | 27 Oct 2017 |
| 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 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,525,610.
| 27 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £1,200,000 | £325,610 | £1,525,610 |
The Postcode Pricing Model uses changes in average sales price within the CM3 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 | 9.706 % | £116,474 | £1,316,474 |
| 3 Month Average | 11.675 % | £140,103 | £1,340,103 |
| 6 Month Average | 23.090 % | £277,079 | £1,477,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £400,000 | £400,000 | 46 PLANTATION ROAD |
| 22 Mar 2024 | £967,363 | £952,500 | MULBERRIES CHURCH ROAD |
| 21 Mar 2024 | £629,674 | £620,000 | 1 RIVER COTTAGES CHURCH ROAD |
| 22 Sep 2023 | £429,467 | £420,000 | 9 HASELFOOT ROAD |
| 1 Mar 2023 | £361,029 | £355,000 | 40 PLANTATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walkfares |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Chase |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Church Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Road |
| Oct 2024 | Other crime | Under investigation | On or near Church Road |