£491,498
This estimated value is based upon the latest sale price for the house of £369,995 on 30 Sep 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 |
---|---|
£369,995 | 30 Sep 2016 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 September 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £369,995 results in an estimated price of approximately £491,498.
30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £369,995 | £121,503 | £491,498 |
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 | -10.440 % | £-38,627 | £331,367 |
3 Month Average | 6.668 % | £24,670 | £394,665 |
6 Month Average | 14.165 % | £52,409 | £422,404 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £370,740 | £366,000 | 113 MILL PARK DRIVE |
21 Jul 2023 | £410,525 | £405,000 | 24 MILL PARK DRIVE |
24 Feb 2023 | £319,785 | £320,000 | 12 MILL PARK DRIVE |
1 Nov 2022 | £311,230 | £315,000 | 42 MILL PARK DRIVE |
18 Oct 2022 | £311,644 | £315,000 | 3 PUTTER COURT |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 14 Oct 2014. Using an estimated price of £491,498 means this house is valued at £4,427 per sq meter (£411 per sq foot).
The average size of a house on MILL PARK DRIVE is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Putter Court |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barley Court |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Reed Meadows |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reed Meadows |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rushmoor Drive |