£318,595
This estimated value is based upon the latest sale price for the house of £258,000 on 17 Sep 2018. 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 |
|---|---|
| £258,000 | 17 Sep 2018 |
| £180,000 | 27 Jun 2007 |
| £116,000 | 9 Nov 2001 |
| £109,950 | 16 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 September 2018 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £258,000 results in an estimated price of approximately £318,595.
| 17 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £258,000 | £60,595 | £318,595 |
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 | -5.190 % | £-13,390 | £244,609 |
| 3 Month Average | -12.026 % | £-31,027 | £226,972 |
| 6 Month Average | 1.792 % | £4,622 | £262,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £169,669 | £167,500 | 10 RAILWAY STREET |
| 21 Jul 2023 | £86,160 | £85,000 | FLAT 22 VICTORIA COURT RAILWAY STREET |
| 12 Apr 2023 | £190,046 | £188,000 | 1 CAMULUS CLOSE |
| 24 Feb 2023 | £69,953 | £70,000 | FLAT 25 VICTORIA COURT RAILWAY STREET |
| 25 Jul 2022 | £210,567 | £210,000 | 47 MANOR STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Apr 2018. Using an estimated price of £318,595 means this house is valued at £4,032 per sq meter (£374 per sq foot).
The average size of a house on RAILWAY STREET is 59 sq meters (637 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Camulus Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinovantian Way |
| Feb 2024 | Anti-social behaviour | On or near Manor Street | |
| Feb 2024 | Anti-social behaviour | On or near Manor Street | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Manor Street |