£452,542
This estimated value is based upon the latest sale price for the house of £287,500 on 7 Mar 2014. 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 |
|---|---|
| £287,500 | 7 Mar 2014 |
| £242,000 | 23 Jan 2009 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2014 the House Price Index for ESSEX was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £287,500 results in an estimated price of approximately £452,542.
| 7 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £287,500 | £165,042 | £452,542 |
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 | 28.238 % | £81,182 | £368,682 |
| 3 Month Average | 37.749 % | £108,528 | £396,028 |
| 6 Month Average | 42.373 % | £121,821 | £409,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 28 Feb 2023 | £182,877 | £183,000 | 2 THE OLD SCHOOL HOUSE BRADFORD STREET |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 26 Jan 2018. Using an estimated price of £452,543 means this house is valued at £3,591 per sq meter (£333 per sq foot).
The average size of a house on FRIARS LANE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bradford Street |
| 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 |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rana Court |
| Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near St James Road |