£273,626
This estimated value is based upon the latest sale price for the house of £260,000 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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20 Bank Street, Braintree, CM7 1UP
Phone: 01376538236
| Price Paid | Date |
|---|---|
| £260,000 | 31 Jan 2022 |
| £121,000 | 19 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £260,000 results in an estimated price of approximately £273,626.
| 31 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £260,000 | £13,626 | £273,626 |
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 | -44.333 % | £-115,266 | £144,733 |
| 3 Month Average | -7.710 % | £-20,046 | £239,953 |
| 6 Month Average | -9.113 % | £-23,694 | £236,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £367,195 | £362,500 | 53 BRADFORD STREET |
| 4 Jul 2023 | £288,888 | £285,000 | 4 WILLIAMS DRIVE |
| 30 Jun 2023 | £441,953 | £436,600 | 36 BRADFORD STREET |
| 6 Apr 2023 | £737,946 | £730,000 | 17A FRIARS LANE |
| 24 Mar 2023 | £238,245 | £236,000 | 10 FRIARS LANE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 17 Aug 2020. Using an estimated price of £273,626 means this house is valued at £4,413 per sq meter (£410 per sq foot).
The average size of a house on FRIARS LANE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bradford Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bawn Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St James Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near St James Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St James Road |