£364,875
This estimated value is based upon the latest sale price for the house of £178,500 on 27 Apr 2004. 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 |
|---|---|
| £178,500 | 27 Apr 2004 |
| £145,000 | 12 Dec 2002 |
| £100,500 | 31 May 2002 |
| Semi-Detached |
| 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 April 2004 the House Price Index for ESSEX was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £178,500 results in an estimated price of approximately £364,875.
| 27 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £178,500 | £186,375 | £364,875 |
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 | 50.715 % | £90,526 | £269,026 |
| 3 Month Average | 73.492 % | £131,182 | £309,682 |
| 6 Month Average | 82.413 % | £147,106 | £325,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £446,003 | £440,000 | 4 GLOUCESTER GARDENS |
| 13 Apr 2023 | £333,592 | £330,000 | 22 EDINBURGH GARDENS |
| 25 Mar 2022 | £297,925 | £287,500 | 17 CONNAUGHT GARDENS |
| 17 Dec 2021 | £265,166 | £247,500 | 24 CORNWALL GARDENS |
| 19 Nov 2021 | £351,492 | £325,000 | 9 GLOUCESTER GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Edinburgh Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near York Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near York Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wellington Close |
| Apr 2024 | Drugs | Local resolution | On or near Wellington Close |