£309,169
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Corner House, Market Place, Braintree, CM7 3HQ
Phone: 01376409831
| Price Paid | Date |
|---|---|
| £250,000 | 12 Apr 2019 |
| £185,000 | 1 Mar 2013 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 April 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £250,000 results in an estimated price of approximately £309,169.
| 12 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £250,000 | £59,169 | £309,169 |
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 | -4.565 % | £-11,413 | £238,586 |
| 3 Month Average | -2.105 % | £-5,262 | £244,737 |
| 6 Month Average | 1.648 % | £4,119 | £254,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £410,525 | £405,000 | 24 MILL PARK DRIVE |
| 24 Feb 2023 | £319,785 | £320,000 | 12 MILL PARK DRIVE |
| 27 Jan 2023 | £298,593 | £300,000 | 25 MILL PARK DRIVE |
| 28 Nov 2022 | £272,697 | £276,000 | 89 MILL PARK DRIVE |
| 1 Nov 2022 | £311,230 | £315,000 | 42 MILL PARK DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 16 Jan 2013. Using an estimated price of £309,170 means this house is valued at £4,684 per sq meter (£435 per sq foot).
The average size of a house on MILL PARK DRIVE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Putter Court |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barley Court |
| Mar 2024 | Criminal damage and arson | On or near Braintree Freeport (Station) | |
| Mar 2024 | Criminal damage and arson | On or near Braintree Freeport (Station) | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Braintree Freeport |