£269,789
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Aug 2020. 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 |
|---|---|
| £225,000 | 28 Aug 2020 |
| £135,000 | 26 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 August 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £225,000 results in an estimated price of approximately £269,789.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £225,000 | £44,789 | £269,789 |
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 | -3.822 % | £-8,599 | £216,400 |
| 3 Month Average | -9.698 % | £-21,819 | £203,180 |
| 6 Month Average | 2.867 % | £6,450 | £231,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £378,310 | £375,000 | 13 COLLEGE ROAD |
| 9 Nov 2022 | £247,008 | £250,000 | 85 RAYNE ROAD |
| 29 Jul 2022 | £205,553 | £205,000 | 141 RAYNE ROAD |
| 17 Jun 2022 | £420,949 | £415,000 | 38A COLLEGE ROAD |
| 22 Apr 2022 | £257,450 | £250,000 | 133 RAYNE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Jun 2012. Using an estimated price of £269,790 means this house is valued at £3,372 per sq meter (£313 per sq foot).
The average size of a house on RAYNE ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Awaiting court outcome | On or near Peel Crescent |
| Mar 2024 | Public order | Under investigation | On or near Peel Crescent |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Peel Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Peel Crescent |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Peel Crescent |