£263,985
This estimated value is based upon the latest sale price for the house of £150,000 on 15 Oct 2009. 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 |
|---|---|
| £150,000 | 15 Oct 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 666 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 2009 the House Price Index for ESSEX was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £150,000 results in an estimated price of approximately £263,985.
| 15 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £150,000 | £113,985 | £263,985 |
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 | 45.440 % | £68,159 | £218,159 |
| 3 Month Average | 39.393 % | £59,089 | £209,089 |
| 6 Month Average | 64.964 % | £97,445 | £247,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £147,179 | £145,000 | 34A QUEENS ROAD |
| 31 Aug 2022 | £339,087 | £340,000 | 56 BAILEY BRIDGE ROAD |
| 9 Aug 2022 | £315,152 | £316,000 | 46 BAILEY BRIDGE ROAD |
| 22 Jun 2022 | £286,550 | £282,500 | 7 NORMANDY WAY |
| 26 May 2022 | £275,185 | £270,000 | 167 BAILEY BRIDGE ROAD |
This house has a floor area of 61 sq meters or 666 sq feet when measured on 17 Mar 2010. Using an estimated price of £263,985 means this house is valued at £4,264 per sq meter (£396 per sq foot).
The average size of a house on BAILEY BRIDGE ROAD is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dukes Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Camberton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Camberton Road |