£154,967
This estimated value is based upon the latest sale price for the house of £30,000 on 27 May 1997. 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 |
|---|---|
| £30,000 | 27 May 1997 |
| Terraced |
| Freehold |
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 May 1997 the House Price Index for ESSEX was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £30,000 results in an estimated price of approximately £154,967.
| 27 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £30,000 | £124,967 | £154,967 |
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 | 311.717 % | £93,515 | £123,515 |
| 3 Month Average | 348.400 % | £104,519 | £134,519 |
| 6 Month Average | 368.671 % | £110,601 | £140,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £367,195 | £362,500 | 53 BRADFORD STREET |
| 8 Aug 2023 | £423,707 | £420,000 | 2 THE COURTYARD |
| 30 Jun 2023 | £441,953 | £436,600 | 36 BRADFORD STREET |
| 6 Apr 2023 | £737,946 | £730,000 | 17A FRIARS LANE |
| 28 Feb 2023 | £182,877 | £183,000 | 2 THE OLD SCHOOL HOUSE BRADFORD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | 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 |
| Mar 2024 | Anti-social behaviour | On or near Blackwater Way |