£1,175,650
This estimated value is based upon the latest sale price for the house of £525,000 on 6 Oct 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £525,000 | 6 Oct 2003 |
| £360,000 | 11 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 254 sq meters or 2,734 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 October 2003 the House Price Index for ESSEX was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £525,000 results in an estimated price of approximately £1,175,650.
| 6 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £525,000 | £650,650 | £1,175,650 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 68.138 % | £357,724 | £882,724 |
| 3 Month Average | 101.991 % | £535,452 | £1,060,452 |
| 6 Month Average | 104.460 % | £548,412 | £1,073,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £229,007 | £225,000 | 83 BRAISWICK |
| 29 Jun 2023 | £961,649 | £950,000 | 136 BRAISWICK |
| 20 Mar 2023 | £1,110,462 | £1,100,000 | 138 BRAISWICK |
| 28 Feb 2023 | £204,862 | £205,000 | 75 BRAISWICK |
| 17 Jun 2022 | £623,816 | £615,000 | 11 BAKERS LANE |
This house has a floor area of 254 sq meters or 2,734 sq feet when measured on 21 Jul 2014. Using an estimated price of £1,175,651 means this house is valued at £4,628 per sq meter (£430 per sq foot).
There is one other house on the street which we know the size of, this is 3 BURYWOODS it is 281.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Burywoods |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Axial Drive |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |