60, SPRINGFIELDS, BRIGHTLINGSEA, COLCHESTER, CO7 0LU - £115,000

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.

60 SPRINGFIELDS is a midsized flat of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £108,371. It was last sold for £115,000 in December 2021, which was around 16% below the average December 2021 flat price in the Tendring local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

60 SPRINGFIELDS Sold Prices

Land registry data shows six sales for 60 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Tendring local authority area for the corresponding sale date. Most of the six 60 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
2021 17 DEC	£115,000	£137,525	16% below HPI
2020 3 MAR	£109,000	£120,874	10% below HPI
2013 28 FEB	£98,500	£88,044	12% above HPI
2009 8 SEP	£71,000	£93,407	24% below HPI
2000 7 AUG	£41,500	£43,439	4% below HPI
1995 8 NOV	£23,500	£27,855	16% below HPI

What might 60 SPRINGFIELDS be worth now?

60 SPRINGFIELDS might now be worth an estimated £108,371.

This is based on house price deflation of 5.8%, between December 2021 and March 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 5.8% deflationary decrease is applied to the most recent sale price for 60 SPRINGFIELDS of £115,000 on 17th December 2021. For the value to have decreased from £115,000 to £108,371 over the five years and nine months to March 2026, the following assumptions must hold true:

• The value of 60 SPRINGFIELDS has moved in line with the HPI for flats in the Tendring local authority area.
• The December 2021 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 60 SPRINGFIELDS has not materially changed since December 2021.

How Large is 60 SPRINGFIELDS?

60 SPRINGFIELDS is 54m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of flats in Brightlingsea, based on EPC data. 42% of flats are smaller than 60 SPRINGFIELDS, and 57% of flats are larger. Note that EPC data is not available for all properties in Brightlingsea.

60 SPRINGFIELDS: Plot

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

Where is 60 SPRINGFIELDS?

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