£334,621
This estimated value is based upon the latest sale price for the house of £285,250 on 12 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £285,250 | 12 Oct 2020 |
| £176,500 | 5 Jan 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £285,250 results in an estimated price of approximately £334,621.
| 12 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £285,250 | £49,371 | £334,621 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 5.690 % | £16,230 | £301,480 |
| 3 Month Average | -14.955 % | £-42,657 | £242,592 |
| 6 Month Average | 5.538 % | £15,797 | £301,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2022 | £334,796 | £337,500 | 3 AVON WALK |
| 20 Jun 2022 | £177,509 | £175,000 | 23 SPA ROAD |
| 22 Apr 2022 | £339,834 | £330,000 | 9 DEBEN CLOSE |
| 28 Mar 2022 | £466,318 | £450,000 | 100 HIGHFIELDS ROAD |
| 15 Nov 2021 | £373,122 | £345,000 | 6 WHITEWAYS COURT |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Jul 2020. Using an estimated price of £334,622 means this house is valued at £4,080 per sq meter (£379 per sq foot).
The average size of a house on BRAIN ROAD is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Monks Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |