£216,089
This estimated value is based upon the latest sale price for the house of £124,995 on 7 Oct 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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61a High Street, Braintree, CM7 1JX
Phone: 01376409696
| Price Paid | Date |
|---|---|
| £124,995 | 7 Oct 2011 |
| £143,500 | 30 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £124,995 results in an estimated price of approximately £216,089.
| 7 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £124,995 | £91,094 | £216,089 |
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 | 48.610 % | £60,759 | £185,754 |
| 3 Month Average | 32.790 % | £40,985 | £165,980 |
| 6 Month Average | 53.678 % | £67,094 | £192,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £144,262 | £143,000 | 98 MALYON CLOSE |
| 8 Jun 2023 | £182,207 | £180,000 | 70 MALYON CLOSE |
| 24 Mar 2023 | £191,807 | £190,000 | 75 MALYON CLOSE |
| 3 Mar 2023 | £161,522 | £160,000 | 60 MALYON CLOSE |
| 12 Aug 2022 | £164,557 | £165,000 | 58 MALYON CLOSE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 10 Mar 2011. Using an estimated price of £216,089 means this house is valued at £4,321 per sq meter (£401 per sq foot).
The average size of a house on MALYON CLOSE is 60 sq meters (647 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malyon Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malyon Close |
| Dec 2023 | Robbery | Unable to prosecute suspect | On or near Saunders Avenue |