£200,091
This estimated value is based upon the latest sale price for the house of £140,000 on 14 Aug 2015. 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 |
|---|---|
| £140,000 | 14 Aug 2015 |
| £53,000 | 12 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 45 sq meters or 484 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 2015 the House Price Index for ESSEX was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £140,000 results in an estimated price of approximately £200,091.
| 14 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £140,000 | £60,091 | £200,091 |
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 | 4.459 % | £6,241 | £146,241 |
| 3 Month Average | 12.439 % | £17,414 | £157,414 |
| 6 Month Average | 31.144 % | £43,600 | £183,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £555,231 | £550,000 | 5 LEYWOOD CLOSE |
| 16 Feb 2023 | £307,293 | £307,500 | 3 TEMPLAR ROAD |
| 7 Feb 2023 | £424,714 | £425,000 | 14 THE LEY |
| 7 Feb 2023 | £279,812 | £280,000 | 14 TAPESTRY WALK |
| 31 Jan 2023 | £427,984 | £430,000 | 46 LEYWOOD CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 6 Jan 2017. Using an estimated price of £200,092 means this house is valued at £4,446 per sq meter (£413 per sq foot).
The average size of a house on TEMPLAR ROAD is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Templar Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Templar Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Ley |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Barn Mead |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Barn Mead |