16, SPRINGFIELDS, BRIGHTLINGSEA, COLCHESTER, CO7 0LU - £69,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 SPRINGFIELDS is a very small flat of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £69,708. It was last sold for £69,000 in August 2017, which was around 46% below the average August 2017 flat price in the Tendring local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

16 SPRINGFIELDS Sold Prices

Land registry data shows three sales for 16 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Tendring local authority area for the corresponding sale date. All of the three 16 SPRINGFIELDS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 16 AUG	£69,000	£128,280	46% below HPI
2015 29 MAY	£69,000	£98,877	30% below HPI
2010 8 JUN	£64,995	£95,203	32% below HPI

What might 16 SPRINGFIELDS be worth now?

16 SPRINGFIELDS might now be worth an estimated £69,708.

This is based on house price inflation of 1%, between August 2017 and March 2026, for flats, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% inflationary increase is applied to the most recent sale price for 16 SPRINGFIELDS of £69,000 on 16th August 2017. For the value to have increased from £69,000 to £69,708 over the nine years and five months to March 2026, the following assumptions must hold true:

• The value of 16 SPRINGFIELDS has moved in line with the HPI for flats in the Tendring local authority area.
• The August 2017 sale price of £69,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRINGFIELDS has not materially changed since August 2017.

How Large is 16 SPRINGFIELDS?

16 SPRINGFIELDS is 40m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of flats in Brightlingsea, based on EPC data. 10% of flats are smaller than 16 SPRINGFIELDS, and 88% of flats are larger. Note that EPC data is not available for all properties in Brightlingsea.

16 SPRINGFIELDS: Plot

16 SPRINGFIELDS sits on a plot of roughly 1.3 acres, or 5,146m².

Where is 16 SPRINGFIELDS?

16 SPRINGFIELDS is located in BRIGHTLINGSEA, in the CO7 postcode district.