46, SPRINGFIELDS, BRIGHTLINGSEA, COLCHESTER, CO7 0LU - £112,500

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.

46 SPRINGFIELDS is a very small flat of 41m², built sometime between 1991 and 1995, which could now be worth an estimated £95,856. It was last sold for £112,500 in December 2022, which was around 25% below the average December 2022 flat price in the Tendring local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

46 SPRINGFIELDS Sold Prices

Land registry data shows four sales for 46 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Tendring local authority area for the corresponding sale date. All of the four 46 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
2022 20 DEC	£112,500	£150,218	25% below HPI
2016 14 OCT	£75,000	£113,135	34% below HPI
2011 25 MAR	£66,000	£92,152	28% below HPI
1996 2 FEB	£21,950	£27,982	22% below HPI

What might 46 SPRINGFIELDS be worth now?

46 SPRINGFIELDS might now be worth an estimated £95,856.

This is based on house price deflation of 14.8%, between December 2022 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 14.8% deflationary decrease is applied to the most recent sale price for 46 SPRINGFIELDS of £112,500 on 20th December 2022. For the value to have decreased from £112,500 to £95,856 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 46 SPRINGFIELDS has moved in line with the HPI for flats in the Tendring local authority area.
• The December 2022 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 46 SPRINGFIELDS has not materially changed since December 2022.

How Large is 46 SPRINGFIELDS?

46 SPRINGFIELDS is 41m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of flats in Brightlingsea, based on EPC data. 13% of flats are smaller than 46 SPRINGFIELDS, and 86% of flats are larger. Note that EPC data is not available for all properties in Brightlingsea.

46 SPRINGFIELDS: Plot

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

Where is 46 SPRINGFIELDS?

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