£267,844
This estimated value is based upon the latest sale price for the house of £250,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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20 Bank Street, Braintree, CM7 1UP
Phone: 01376538236
| Price Paid | Date |
|---|---|
| £250,000 | 21 Dec 2021 |
| £40,000 | 17 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £250,000 results in an estimated price of approximately £267,844.
| 21 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £250,000 | £17,844 | £267,844 |
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 | -19.208 % | £-48,020 | £201,979 |
| 3 Month Average | -20.139 % | £-50,347 | £199,652 |
| 6 Month Average | -4.667 % | £-11,667 | £238,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £314,658 | £310,000 | 18 DEAL CLOSE |
| 1 Sep 2023 | £288,691 | £285,000 | 18 HYTHE CLOSE |
| 30 Jan 2023 | £286,152 | £287,500 | 346 PANFIELD LANE |
| 20 Jan 2023 | £134,367 | £135,000 | 8 STANES ROAD |
| 25 Nov 2022 | £395,213 | £400,000 | 326 PANFIELD LANE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Jun 2021. Using an estimated price of £267,844 means this house is valued at £3,188 per sq meter (£296 per sq foot).
The average size of a house on SANDWICH CLOSE is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Camberton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Camberton Road |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Hythe Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hythe Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |