£275,950
This estimated value is based upon the latest sale price for the house of £225,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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20 Bank Street, Braintree, CM7 1UP
Phone: 01376538236
| Price Paid | Date |
|---|---|
| £225,000 | 1 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £225,000 results in an estimated price of approximately £275,950.
| 1 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £225,000 | £50,950 | £275,950 |
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 | 1.634 % | £3,677 | £228,677 |
| 3 Month Average | -7.683 % | £-17,286 | £207,713 |
| 6 Month Average | 4.312 % | £9,702 | £234,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £288,691 | £285,000 | 1 HARKILEES WAY |
| 25 Aug 2023 | £206,809 | £205,000 | 48 BOLEYNS AVENUE |
| 28 Jul 2023 | £405,457 | £400,000 | 46 ST JAMES ROAD |
| 25 May 2022 | £341,433 | £335,000 | 56 ST JAMES ROAD |
| 8 Apr 2022 | £311,514 | £302,500 | 13 WENTWORTH CRESCENT |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 13 Aug 2019. Using an estimated price of £275,950 means this house is valued at £2,399 per sq meter (£222 per sq foot).
The average size of a house on COLDNAILHURST AVENUE is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Beech Avenue |
| Mar 2024 | Anti-social behaviour | On or near Beech Avenue | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Beech Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beech Avenue |
| Mar 2024 | Anti-social behaviour | On or near Beech Avenue |