£475,978
This estimated value is based upon the latest sale price for the house of £357,500 on 18 Aug 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Market House, Market Place, Braintree, CM7 3HG
Phone: 01376409817
| Price Paid | Date |
|---|---|
| £357,500 | 18 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,294 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 August 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 33.141%.Applying this 33.141% change to the original purchase price of £357,500 results in an estimated price of approximately £475,978.
| 18 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £357,500 | £118,478 | £475,978 |
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 | 7.679 % | £27,451 | £384,951 |
| 3 Month Average | 10.619 % | £37,962 | £395,462 |
| 6 Month Average | 20.223 % | £72,297 | £429,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £340,966 | £335,000 | 39 BLACKWATER WAY |
| 27 Oct 2022 | £371,005 | £375,000 | 1 BEAUFORT GARDENS |
| 12 May 2022 | £458,642 | £450,000 | 41 JULIEN COURT ROAD |
| 25 Feb 2022 | £503,373 | £480,000 | 50 COURTAULD ROAD |
| 29 Nov 2021 | £367,715 | £340,000 | 26 BLACKWATER WAY |
This house has a floor area of 120 sq meters or 1,294 sq feet when measured on 13 Jan 2009. Using an estimated price of £475,978 means this house is valued at £3,958 per sq meter (£367 per sq foot).
The average size of a house on VALLEY ROAD is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Julien Court Road |
| Mar 2024 | Burglary | Under investigation | On or near Valley Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hollybrook |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollybrook |