£1,138,265
This estimated value is based upon the latest sale price for the house of £915,000 on 17 Sep 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Generals Lane
More crime details
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £915,000 | 17 Sep 2018 |
| £640,000 | 14 Sep 2010 |
| 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 September 2018 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £915,000 results in an estimated price of approximately £1,138,265.
| 17 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £915,000 | £223,265 | £1,138,265 |
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 | 30.071 % | £275,149 | £1,190,149 |
| 3 Month Average | 13.941 % | £127,560 | £1,042,560 |
| 6 Month Average | 16.715 % | £152,946 | £1,067,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £541,239 | £527,500 | 54 BRAGANZA WAY |
| 9 Jun 2023 | £1,250,051 | £1,225,000 | 15 TAYLOR VIEW |
| 21 Jun 2022 | £398,519 | £390,000 | 44 RATCLIFFE GATE |
| 28 Jan 2022 | £363,118 | £342,500 | 54 RATCLIFFE GATE |
| 15 Dec 2021 | £847,257 | £785,000 | 37 JOHN EVE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Generals Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Generals Lane |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Generals Lane |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Generals Lane |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Generals Lane |