£234,489
This estimated value is based upon the latest sale price for the house of £137,500 on 18 May 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Cheriton Road
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The Corner House, Market Place, Braintree, CM7 3HQ
Phone: 01376409831
Price Paid | Date |
---|---|
£137,500 | 18 May 2012 |
£138,995 | 23 Jan 2004 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 May 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £137,500 results in an estimated price of approximately £234,489.
18 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £137,500 | £96,989 | £234,489 |
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 | 33.616 % | £46,221 | £183,721 |
3 Month Average | 45.982 % | £63,225 | £200,725 |
6 Month Average | 50.467 % | £69,391 | £206,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £250,000 | £250,000 | 19 CHELMER ROAD |
18 Sep 2023 | £329,209 | £325,000 | 15 SALCOMBE ROAD |
10 Aug 2023 | £161,412 | £160,000 | 23 KNIGHTS ROAD |
17 Mar 2023 | £429,042 | £425,000 | 1 SALCOMBE ROAD |
14 Feb 2023 | £279,812 | £280,000 | 32 KNIGHTS ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 5 Oct 2021. Using an estimated price of £234,489 means this house is valued at £2,494 per sq meter (£231 per sq foot).
The average size of a house on STUBBS LANE is 85 sq meters (921 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cheriton Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Shearing Place |
Apr 2024 | Anti-social behaviour | On or near Knights Road | |
Apr 2024 | Other crime | Under investigation | On or near Knights Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knights Road |