£263,974
This estimated value is based upon the latest sale price for the house of £230,000 on 7 Dec 2020. 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 |
|---|---|
| £230,000 | 7 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £230,000 results in an estimated price of approximately £263,974.
| 7 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £230,000 | £33,974 | £263,974 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 19.687 % | £45,279 | £275,279 |
| 3 Month Average | -16.678 % | £-38,359 | £191,640 |
| 6 Month Average | -5.741 % | £-13,204 | £216,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £378,310 | £375,000 | 6 CONIES ROAD |
| 8 Jun 2023 | £280,903 | £277,500 | 40 CONIES ROAD |
| 30 Mar 2023 | £302,853 | £300,000 | 2A CONIES ROAD |
| 27 Mar 2023 | £302,853 | £300,000 | 52A WHITE HORSE AVENUE |
| 27 Mar 2023 | £302,853 | £300,000 | 2 CONIES ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 17 Jul 2012. Using an estimated price of £263,974 means this house is valued at £3,142 per sq meter (£291 per sq foot).
The average size of a house on ABELS ROAD is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Link Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Link Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Link Road |
| Dec 2023 | Drugs | Local resolution | On or near Link Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near White Horse Avenue |