£245,141
This estimated value is based upon the latest sale price for the house of £225,000 on 26 Nov 2021. 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 |
|---|---|
| £225,000 | 26 Nov 2021 |
| £127,000 | 29 Jan 2004 |
| £80,000 | 20 Jul 2001 |
| £80,000 | 9 Jul 2001 |
| £54,995 | 8 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £225,000 results in an estimated price of approximately £245,141.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £225,000 | £20,141 | £245,141 |
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 | -27.869 % | £-62,706 | £162,293 |
| 3 Month Average | -17.690 % | £-39,802 | £185,197 |
| 6 Month Average | -7.102 % | £-15,978 | £209,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £175,668 | £172,500 | 18 KEEBLE WAY |
| 23 Jun 2023 | £295,930 | £290,000 | 52 RAILWAY STREET |
| 8 Jun 2023 | £194,906 | £191,000 | 47 RAILWAY STREET |
| 10 Jan 2023 | £256,686 | £256,000 | 58 RAILWAY STREET |
| 25 Jul 2022 | £212,126 | £210,000 | 47 MANOR STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 19 Aug 2021. Using an estimated price of £245,142 means this house is valued at £4,625 per sq meter (£429 per sq foot).
The average size of a house on KEEBLE WAY is 60 sq meters (649 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Manor Street |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Keeble Way |
| Aug 2024 | Drugs | Local resolution | On or near Maltings View |
| Aug 2024 | Other theft | Under investigation | On or near Maltings View |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maltings View |