£543,452
This estimated value is based upon the latest sale price for the house of £340,000 on 4 Jun 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Corner House, Market Place, Braintree, CM7 3HQ
Phone: 01376409831
| Price Paid | Date |
|---|---|
| £340,000 | 4 Jun 2007 |
| £300,000 | 26 Jan 2005 |
| £285,000 | 1 May 2003 |
| Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,103 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 June 2007 the House Price Index for ESSEX was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £340,000 results in an estimated price of approximately £543,452.
| 4 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £340,000 | £203,452 | £543,452 |
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 | 55.379 % | £188,289 | £528,289 |
| 3 Month Average | 61.685 % | £209,729 | £549,729 |
| 6 Month Average | 60.899 % | £207,057 | £547,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £326,009 | £321,000 | 32 BRAIDING CRESCENT |
| 18 Dec 2023 | £479,742 | £465,000 | 18 PEARL DRIVE |
| 6 Sep 2023 | £322,100 | £315,000 | 80 BRAIDING CRESCENT |
| 30 Jan 2023 | £283,758 | £283,000 | 8 PEARL DRIVE |
| 27 Apr 2022 | £352,723 | £340,000 | 27 RUSTIC CLOSE |
This house has a floor area of 195 sq meters or 2,103 sq feet when measured on 16 Nov 2010. Using an estimated price of £543,453 means this house is valued at £2,780 per sq meter (£258 per sq foot).
The average size of a house on PEARL DRIVE is 127 sq meters (1,376 sq feet).
This house is the largest in the street with a floor area of 195 sq meters (2,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rustic Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rustic Close |
| Jul 2024 | Anti-social behaviour | On or near Rustic Close | |
| Jul 2024 | Anti-social behaviour | On or near Rustic Close | |
| Jul 2024 | Anti-social behaviour | On or near Rustic Close |