18, SPRINGFIELDS, BRIGHTLINGSEA, COLCHESTER, CO7 0LU - £73,000

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.

18 SPRINGFIELDS is a small flat of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £91,633. It was last sold for £73,000 in September 2015, which was around 28% below the average September 2015 flat price in the Tendring local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

18 SPRINGFIELDS Sold Prices

Land registry data shows three sales for 18 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. Two of the three 18 SPRINGFIELDS sales were for below the average price, whilst one was for above 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
2015 30 SEP	£73,000	£101,967	28% below HPI
2005 19 AUG	£69,000	£97,970	30% below HPI
1996 8 JUL	£29,000	£28,589	1% above HPI

What might 18 SPRINGFIELDS be worth now?

18 SPRINGFIELDS might now be worth an estimated £91,633.

This is based on house price inflation of 25.5%, between September 2015 and April 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 25.5% inflationary increase is applied to the most recent sale price for 18 SPRINGFIELDS of £73,000 on 30th September 2015. For the value to have increased from £73,000 to £91,633 over the eleven years and five months to April 2026, the following assumptions must hold true:

• The value of 18 SPRINGFIELDS has moved in line with the HPI for flats in the Tendring local authority area.
• The September 2015 sale price of £73,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRINGFIELDS has not materially changed since September 2015.

How Large is 18 SPRINGFIELDS?

18 SPRINGFIELDS is 46m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of flats in Brightlingsea, based on EPC data. 24% of flats are smaller than 18 SPRINGFIELDS, and 73% of flats are larger. Note that EPC data is not available for all properties in Brightlingsea.

18 SPRINGFIELDS: Plot

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

Where is 18 SPRINGFIELDS?

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