£447,250
This estimated value is based upon the latest sale price for the house of £120,000 on 18 Aug 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Market House, Market Place, Braintree, CM7 3HG
Phone: 01376409817
Price Paid | Date |
---|---|
£120,000 | 18 Aug 2000 |
Detached |
Freehold |
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 August 2000 the House Price Index for ESSEX was 40.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 272.709%.Applying this 272.709% change to the original purchase price of £120,000 results in an estimated price of approximately £447,250.
18 Aug 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 149.7 | 272.709 % | £120,000 | £327,250 | £447,250 |
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 | 217.584 % | £261,100 | £381,100 |
3 Month Average | 216.663 % | £259,995 | £379,995 |
6 Month Average | 217.417 % | £260,900 | £380,900 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Oct 2023 | £393,947 | £385,000 | 30 CROWN MEADOW |
6 Oct 2023 | £332,553 | £325,000 | 64 DEERLEAP WAY |
12 Sep 2023 | £279,154 | £273,000 | 28 DEERLEAP WAY |
1 Sep 2023 | £306,762 | £300,000 | 24 DEERLEAP WAY |
22 Jun 2023 | £492,367 | £482,500 | 33 DEERLEAP WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Deerleap Way |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Deerleap Way |
Aug 2024 | Anti-social behaviour | On or near Deerleap Way | |
Aug 2024 | Anti-social behaviour | On or near Deerleap Way | |
Sep 2024 | Anti-social behaviour | On or near Stafford Crescent |