£263,810
This estimated value is based upon the latest sale price for the house of £187,500 on 30 Oct 2015. 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 |
|---|---|
| £187,500 | 30 Oct 2015 |
| £175,000 | 20 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 October 2015 the House Price Index for ESSEX was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £187,500 results in an estimated price of approximately £263,810.
| 30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £187,500 | £76,310 | £263,810 |
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 | 14.288 % | £26,789 | £214,289 |
| 3 Month Average | 9.524 % | £17,857 | £205,357 |
| 6 Month Average | 29.704 % | £55,694 | £243,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £288,888 | £285,000 | 4 WILLIAMS DRIVE |
| 30 Jun 2023 | £441,953 | £436,600 | 36 BRADFORD STREET |
| 6 Apr 2023 | £737,946 | £730,000 | 17A FRIARS LANE |
| 24 Mar 2023 | £238,245 | £236,000 | 10 FRIARS LANE |
| 28 Feb 2023 | £182,877 | £183,000 | 2 THE OLD SCHOOL HOUSE BRADFORD STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Oct 2021. Using an estimated price of £263,810 means this house is valued at £4,324 per sq meter (£401 per sq foot).
The average size of a house on FRIARS LANE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bradford Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bawn Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rana Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rana Court |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Rana Court |