£342,820
This estimated value is based upon the latest sale price for the house of £277,500 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2-4 New Street, Braintree, CM7 1ES
Phone: 01376816985
| Price Paid | Date |
|---|---|
| £277,500 | 29 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £277,500 results in an estimated price of approximately £342,820.
| 29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £277,500 | £65,320 | £342,820 |
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 | -15.759 % | £-43,732 | £233,767 |
| 3 Month Average | 5.845 % | £16,218 | £293,718 |
| 6 Month Average | 3.117 % | £8,648 | £286,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £263,907 | £260,000 | 165 NOTLEY ROAD |
| 22 Sep 2023 | £268,432 | £265,000 | 37 NOTLEY ROAD |
| 6 Feb 2023 | £317,286 | £317,500 | 25 COLLINS CLOSE |
| 1 Feb 2023 | £374,748 | £375,000 | 19A CLAIRMONT CLOSE |
| 26 Aug 2022 | £274,262 | £275,000 | 11 CLAIRMONT CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 18 Jan 2019. Using an estimated price of £342,820 means this house is valued at £4,510 per sq meter (£419 per sq foot).
The average size of a house on CLAIRMONT CLOSE is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clairmont Close |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Kenworthy Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Stone Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Stone Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Stone Close |