£330,952
This estimated value is based upon the latest sale price for the house of £209,950 on 20 Jul 2007. 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 |
---|---|
£209,950 | 20 Jul 2007 |
£89,000 | 1 Jun 2001 |
Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 July 2007 the House Price Index for ESSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £209,950 results in an estimated price of approximately £330,952.
20 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.634 % | £209,950 | £121,002 | £330,952 |
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 | 24.553 % | £51,548 | £261,498 |
3 Month Average | 27.378 % | £57,479 | £267,429 |
6 Month Average | 51.197 % | £107,487 | £317,437 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £220,000 | £220,000 | 24 CHINNERYS COURT |
20 Dec 2023 | £417,301 | £410,000 | 9 ROSEMARY AVENUE |
28 Sep 2023 | £339,339 | £335,000 | 6 CHINNERYS COURT |
28 Sep 2023 | £339,339 | £335,000 | 27 CHINNERYS COURT |
31 Mar 2023 | £158,241 | £156,750 | 21 PROGRESS COURT |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 7 Mar 2020. Using an estimated price of £330,953 means this house is valued at £2,690 per sq meter (£249 per sq foot).
The average size of a house on PANFIELD LANE is 92 sq meters (995 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Weavers Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Weavers Close |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Weavers Close |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Weavers Close |
Dec 2023 | Anti-social behaviour | On or near Weavers Close |