£371,500
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Jan 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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74a High Street, Braintree, CM7 1JP
Phone: 01376816488
| Price Paid | Date |
|---|---|
| £250,000 | 22 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2015 the House Price Index for ESSEX was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £250,000 results in an estimated price of approximately £371,500.
| 22 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £250,000 | £121,500 | £371,500 |
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 | 50.800 % | £127,000 | £377,000 |
| 3 Month Average | 24.438 % | £61,094 | £311,094 |
| 6 Month Average | 37.064 % | £92,660 | £342,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £244,274 | £240,000 | 255 RAYNE ROAD |
| 25 Aug 2023 | £453,971 | £450,000 | 73 CLARE ROAD |
| 5 Apr 2023 | £510,497 | £505,000 | 4 FERNIE ROAD |
| 30 Mar 2023 | £333,139 | £330,000 | 6 GEORGE ROAD |
| 31 May 2022 | £300,665 | £295,000 | 25 GEORGE ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Oct 2014. Using an estimated price of £371,500 means this house is valued at £5,715 per sq meter (£530 per sq foot).
The average size of a house on BRANDON ROAD is 91 sq meters (981 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brandon Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fernie Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernie Road |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Fernie Road |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Petrol Station |