£372,512
This estimated value is based upon the latest sale price for the house of £368,000 on 23 Jun 2023. 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 |
|---|---|
| £368,000 | 23 Jun 2023 |
| £284,995 | 30 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2023 the House Price Index for ESSEX was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £368,000 results in an estimated price of approximately £372,512.
| 23 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £368,000 | £4,512 | £372,512 |
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 | -16.271 % | £-59,877 | £308,122 |
| 3 Month Average | -14.766 % | £-54,337 | £313,662 |
| 6 Month Average | -1.389 % | £-5,113 | £362,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £368,956 | £362,500 | 138 MILL PARK DRIVE |
| 23 Jun 2023 | £372,512 | £368,000 | 223 MILL PARK DRIVE |
| 14 Apr 2023 | £363,918 | £360,000 | 219 MILL PARK DRIVE |
| 7 Sep 2022 | £401,756 | £405,000 | 5 RYE GRASS WAY |
| 3 Mar 2022 | £507,769 | £490,000 | 32 RYE GRASS WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Jan 2015. Using an estimated price of £372,512 means this house is valued at £4,331 per sq meter (£402 per sq foot).
The average size of a house on MILL PARK DRIVE is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barley Court |
| Mar 2024 | Shoplifting | Under investigation | On or near Braintree Freeport |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Braintree Freeport |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Braintree Freeport |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Braintree Freeport |