£145,561
This estimated value is based upon the latest sale price for the house of £90,000 on 1 Mar 2007. 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 |
---|---|
£90,000 | 1 Mar 2007 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2007 the House Price Index for ESSEX was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £90,000 results in an estimated price of approximately £145,561.
1 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £90,000 | £55,561 | £145,561 |
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 | 41.771 % | £37,593 | £127,593 |
3 Month Average | 53.099 % | £47,789 | £137,789 |
6 Month Average | 58.885 % | £52,996 | £142,996 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £329,209 | £325,000 | 15 SALCOMBE ROAD |
10 Aug 2023 | £161,412 | £160,000 | 23 KNIGHTS ROAD |
21 Apr 2023 | £166,796 | £165,000 | 21 KNIGHTS ROAD |
3 Apr 2023 | £165,785 | £164,000 | 25 KNIGHTS ROAD |
17 Mar 2023 | £429,042 | £425,000 | 1 SALCOMBE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Jul 2013. Using an estimated price of £145,561 means this house is valued at £2,079 per sq meter (£193 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 |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Salcombe Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hunter Drive |
Mar 2024 | Possession of weapons | Under investigation | On or near Hunter Drive |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hunter Drive |