£304,703
This estimated value is based upon the latest sale price for the house of £241,000 on 19 Jan 2018. 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 |
|---|---|
| £241,000 | 19 Jan 2018 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £241,000 results in an estimated price of approximately £304,703.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £241,000 | £63,703 | £304,703 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 20.408 % | £49,183 | £290,183 |
| 3 Month Average | 19.547 % | £47,107 | £288,107 |
| 6 Month Average | 20.237 % | £48,770 | £289,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £295,000 | £295,000 | 16 BRYONY CLOSE |
| 28 Mar 2024 | £253,901 | £250,000 | 43 FOXGLOVE CLOSE |
| 11 Mar 2024 | £264,057 | £260,000 | 56 SPEEDWELL CLOSE |
| 1 Sep 2023 | £286,311 | £280,000 | 65 CALAMINT ROAD |
| 1 Sep 2023 | £306,762 | £300,000 | 42 SPEEDWELL CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 15 Feb 2017. Using an estimated price of £304,704 means this house is valued at £3,584 per sq meter (£333 per sq foot).
The average size of a house on SPEEDWELL CLOSE is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Speedwell Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Speedwell Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Speedwell Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Speedwell Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Speedwell Close |