£253,863
This estimated value is based upon the latest sale price for the house of £160,000 on 20 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 |
|---|---|
| £160,000 | 20 Jun 2007 |
| £34,500 | 15 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £160,000 results in an estimated price of approximately £253,863.
| 20 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £160,000 | £93,863 | £253,863 |
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 | 35.897 % | £57,435 | £217,435 |
| 3 Month Average | 33.192 % | £53,107 | £213,107 |
| 6 Month Average | 55.379 % | £88,605 | £248,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £321,900 | £321,900 | GREEN GATES, 44 BROWNING ROAD |
| 15 Sep 2023 | £278,562 | £275,000 | 25 CHAUCER CRESCENT |
| 16 Aug 2023 | £257,251 | £255,000 | 43 CHALLIS LANE |
| 26 Oct 2022 | £395,739 | £400,000 | 47 BROWNING ROAD |
| 25 Jul 2022 | £300,810 | £300,000 | 6 KIPLING WAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 Jun 2012. Using an estimated price of £253,863 means this house is valued at £3,296 per sq meter (£306 per sq foot).
There is one other house on the street which we know the size of, this is 12 BYRON CLOSE it is 76.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Browning Road |
| Jan 2024 | Drugs | Local resolution | On or near Browning Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Crescent |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Kipling Way |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Challis Lane |