54, SPRINGFIELDS, BRIGHTLINGSEA, COLCHESTER, CO7 0LU - £125,000

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.

54 SPRINGFIELDS is a small flat of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £111,016. It was last sold for £125,000 in September 2023, which was around 13% below the average September 2023 flat price in the Tendring local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.

54 SPRINGFIELDS Sold Prices

Land registry data shows three sales for 54 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 54 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
2023 18 SEP	£125,000	£144,116	13% below HPI
2020 7 FEB	£97,500	£119,635	19% below HPI
1998 22 JAN	£28,000	£30,108	7% below HPI

What might 54 SPRINGFIELDS be worth now?

54 SPRINGFIELDS might now be worth an estimated £111,016.

This is based on house price deflation of 11.2%, between September 2023 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 11.2% deflationary decrease is applied to the most recent sale price for 54 SPRINGFIELDS of £125,000 on 18th September 2023. For the value to have decreased from £125,000 to £111,016 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 54 SPRINGFIELDS has moved in line with the HPI for flats in the Tendring local authority area.
• The September 2023 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 54 SPRINGFIELDS has not materially changed since September 2023.

How Large is 54 SPRINGFIELDS?

54 SPRINGFIELDS is 52m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of flats in Brightlingsea, based on EPC data. 36% of flats are smaller than 54 SPRINGFIELDS, and 62% of flats are larger. Note that EPC data is not available for all properties in Brightlingsea.

54 SPRINGFIELDS: Plot

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

Where is 54 SPRINGFIELDS?

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