£412,531
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Jan 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Market House, Market Place, Braintree, CM7 3HG
Phone: 01376409817
Price Paid | Date |
---|---|
£240,000 | 13 Jan 2012 |
£227,500 | 17 Feb 2006 |
£144,500 | 26 Sep 2000 |
£105,000 | 29 Aug 1997 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,060 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 2012 the House Price Index for ESSEX was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £240,000 results in an estimated price of approximately £412,531.
13 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.888 % | £240,000 | £172,531 | £412,531 |
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 | 29.955 % | £71,891 | £311,891 |
3 Month Average | 30.070 % | £72,169 | £312,169 |
6 Month Average | 50.210 % | £120,505 | £360,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £478,370 | £470,000 | 80 RIVER MEAD |
26 Sep 2023 | £367,195 | £362,500 | 53 BRADFORD STREET |
5 Jul 2023 | £375,048 | £370,000 | 44 RIVER MEAD |
30 Sep 2022 | £277,757 | £280,000 | 5 KINGSWOOD COURT |
12 Aug 2022 | £473,725 | £475,000 | 3 KINGFISHER GATE |
This house has a floor area of 98 sq meters or 1,060 sq feet when measured on 3 Mar 2011. Using an estimated price of £412,531 means this house is valued at £4,188 per sq meter (£389 per sq foot).
The average size of a house on RIVER MEAD is 108 sq meters (1,165 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near River Mead |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingfisher Gate |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingfisher Gate |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingfisher Gate |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingfisher Gate |