£238,205
This estimated value is based upon the latest sale price for the house of £232,000 on 27 May 2022. 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 |
|---|---|
| £232,000 | 27 May 2022 |
| £140,000 | 6 May 2015 |
| £48,000 | 11 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 May 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £232,000 results in an estimated price of approximately £238,205.
| 27 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £232,000 | £6,205 | £238,205 |
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 | -45.428 % | £-105,392 | £126,607 |
| 3 Month Average | -12.385 % | £-28,733 | £203,266 |
| 6 Month Average | -5.722 % | £-13,274 | £218,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £354,310 | £346,500 | 28 WOODFIELD ROAD |
| 22 Sep 2023 | £470,369 | £460,000 | 3 WOODFIELD ROAD |
| 20 Sep 2023 | £260,748 | £255,000 | 51 MOUNT ROAD |
| 23 Jun 2023 | £295,930 | £290,000 | 52 RAILWAY STREET |
| 8 Jun 2023 | £194,906 | £191,000 | 47 RAILWAY STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 16 Jan 2015. Using an estimated price of £238,206 means this house is valued at £4,764 per sq meter (£442 per sq foot).
The average size of a house on MOUNT ROAD is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mount Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mount Road |
| Jul 2024 | Theft from the person | Unable to prosecute suspect | On or near Mount Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |
| Sep 2024 | Anti-social behaviour | On or near Woodfield Road |