£494,840
This estimated value is based upon the latest sale price for the house of £285,000 on 18 Nov 2011. 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 |
|---|---|
| £285,000 | 18 Nov 2011 |
| Detached |
| Freehold |
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 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £285,000 results in an estimated price of approximately £494,840.
| 18 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £285,000 | £209,840 | £494,840 |
The Postcode Pricing Model uses changes in average sales price within the CM3 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 | 44.387 % | £126,503 | £411,503 |
| 3 Month Average | 61.364 % | £174,886 | £459,886 |
| 6 Month Average | 67.916 % | £193,559 | £478,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £108,442 | £107,500 | 81 SHIMBROOKS |
| 28 Sep 2023 | £240,297 | £235,000 | 83 SHIMBROOKS |
| 21 Jul 2022 | £467,686 | £463,000 | 170 MAIN ROAD |
| 21 Jan 2022 | £371,069 | £350,000 | 73 SHIMBROOKS |
| 24 Sep 2021 | £450,511 | £415,000 | 139 MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Willis Mead Road |
| Oct 2024 | Anti-social behaviour | On or near Searle Place | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Searle Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Shimbrooks |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shimbrooks |