£505,992
This estimated value is based upon the latest sale price for the house of £379,995 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Corner House, Market Place, Braintree, CM7 3HQ
Phone: 01376409831
Price Paid | Date |
---|---|
£379,995 | 29 Jul 2016 |
Detached |
Freehold |
Floor Area: 157 sq meters or 1,689 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in July 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £379,995 results in an estimated price of approximately £505,992.
29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £379,995 | £125,997 | £505,992 |
The Postcode Pricing Model uses changes in average sales price within the CM7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 3.170 % | £12,047 | £392,042 |
3 Month Average | 13.733 % | £52,183 | £432,178 |
6 Month Average | 21.566 % | £81,949 | £461,944 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £304,093 | £300,000 | 57 BAMBOO CRESCENT |
21 Jul 2023 | £410,525 | £405,000 | 24 MILL PARK DRIVE |
3 Jul 2023 | £324,366 | £320,000 | 16 BAMBOO CRESCENT |
22 Jun 2023 | £404,905 | £400,000 | 128 MILL PARK DRIVE |
24 Feb 2023 | £319,785 | £320,000 | 12 MILL PARK DRIVE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 6 Jul 2015. Using an estimated price of £505,992 means this house is valued at £3,222 per sq meter (£299 per sq foot).
The average size of a house on MILL PARK DRIVE is 88 sq meters (956 sq feet).
This house is the largest in the street with a floor area of 157 sq meters (1,689 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bamboo Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bamboo Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bamboo Crescent |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bamboo Crescent |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bamboo Crescent |