£270,334
This estimated value is based upon the latest sale price for the house of £151,000 on 27 Jan 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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74a High Street, Braintree, CM7 1JP
Phone: 01376816488
| Price Paid | Date |
|---|---|
| £151,000 | 27 Jan 2006 |
| £82,500 | 20 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2006 the House Price Index for ESSEX was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £151,000 results in an estimated price of approximately £270,334.
| 27 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.030 % | £151,000 | £119,334 | £270,334 |
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 | 56.182 % | £84,834 | £235,834 |
| 3 Month Average | 43.846 % | £66,207 | £217,207 |
| 6 Month Average | 65.372 % | £98,712 | £249,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £283,433 | £280,000 | 2 JERSEY WAY |
| 27 Feb 2023 | £424,714 | £425,000 | 14 GUERNSEY WAY |
| 24 Feb 2023 | £324,781 | £325,000 | 11 JERSEY WAY |
| 7 Nov 2022 | £266,769 | £270,000 | 5 JERSEY WAY |
| 15 Jul 2022 | £260,702 | £260,000 | 53 JERSEY WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 Jun 2019. Using an estimated price of £270,335 means this house is valued at £3,754 per sq meter (£348 per sq foot).
The average size of a house on JERSEY WAY is 69 sq meters (743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vauxhall Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birch Close |
| Jan 2024 | Other theft | Under investigation | On or near Francis Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Francis Road |