24, SPRINGFIELDS, BRIGHTLINGSEA, COLCHESTER, CO7 0LU - £59,000

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.

24 SPRINGFIELDS is a very small flat of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £73,830. It was last sold for £59,000 in October 2015, which was around 42% below the average October 2015 flat price in the Tendring local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

24 SPRINGFIELDS Sold Prices

Land registry data shows three sales for 24 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 24 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
2015 9 OCT	£59,000	£102,284	42% below HPI
2005 12 APR	£67,000	£94,894	29% below HPI
1997 22 JUL	£24,450	£29,719	18% below HPI

What might 24 SPRINGFIELDS be worth now?

24 SPRINGFIELDS might now be worth an estimated £73,830.

This is based on house price inflation of 25.1%, between October 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 25.1% inflationary increase is applied to the most recent sale price for 24 SPRINGFIELDS of £59,000 on 9th October 2015. For the value to have increased from £59,000 to £73,830 over the eleven years and six months to April 2026, the following assumptions must hold true:

• The value of 24 SPRINGFIELDS has moved in line with the HPI for flats in the Tendring local authority area.
• The October 2015 sale price of £59,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPRINGFIELDS has not materially changed since October 2015.

How Large is 24 SPRINGFIELDS?

24 SPRINGFIELDS is 40m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of flats in Brightlingsea, based on EPC data. 10% of flats are smaller than 24 SPRINGFIELDS, and 88% of flats are larger. Note that EPC data is not available for all properties in Brightlingsea.

24 SPRINGFIELDS: Plot

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

Where is 24 SPRINGFIELDS?

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