34, SPRINGFIELDS, BRIGHTLINGSEA, COLCHESTER, CO7 0LU - £57,500

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.

34 SPRINGFIELDS is a very small flat of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £81,500. It was last sold for £57,500 in May 2012, which was around 36% below the average May 2012 flat price in the Tendring local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

34 SPRINGFIELDS Sold Prices

Land registry data shows three sales for 34 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 34 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
2012 16 MAY	£57,500	£90,303	36% below HPI
2004 16 JAN	£59,000	£86,657	32% below HPI
2000 11 APR	£26,750	£42,319	37% below HPI

What might 34 SPRINGFIELDS be worth now?

34 SPRINGFIELDS might now be worth an estimated £81,500.

This is based on house price inflation of 41.7%, between May 2012 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 41.7% inflationary increase is applied to the most recent sale price for 34 SPRINGFIELDS of £57,500 on 16th May 2012. For the value to have increased from £57,500 to £81,500 over the fourteen years and one month to April 2026, the following assumptions must hold true:

• The value of 34 SPRINGFIELDS has moved in line with the HPI for flats in the Tendring local authority area.
• The May 2012 sale price of £57,500 represented a fair market value for the property.
• The size, condition, and specification of 34 SPRINGFIELDS has not materially changed since May 2012.

How Large is 34 SPRINGFIELDS?

34 SPRINGFIELDS is 42m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of flats in Brightlingsea, based on EPC data. 17% of flats are smaller than 34 SPRINGFIELDS, and 83% of flats are larger. Note that EPC data is not available for all properties in Brightlingsea.

34 SPRINGFIELDS: Plot

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

Where is 34 SPRINGFIELDS?

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