£277,490
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Grooms Lane
More crime details
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The Corner House, Market Place, Braintree, CM7 3HQ
Phone: 01376409831
| Price Paid | Date |
|---|---|
| £240,000 | 4 Dec 2020 |
| £176,000 | 19 Jun 2015 |
| £129,000 | 27 Oct 2010 |
| £48,000 | 19 Jun 1997 |
| Terraced |
| 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £240,000 results in an estimated price of approximately £277,490.
| 4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £240,000 | £37,490 | £277,490 |
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 | 1.936 % | £4,646 | £244,646 |
| 3 Month Average | 3.329 % | £7,990 | £247,990 |
| 6 Month Average | 7.258 % | £17,418 | £257,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £363,159 | £352,000 | 11 GROOMS LANE |
| 4 Dec 2023 | £335,303 | £325,000 | 64 DANIEL WAY |
| 7 Jun 2023 | £285,726 | £280,000 | 26 WESTERN ROAD |
| 28 Apr 2023 | £259,860 | £255,000 | 13 BOARS TYE ROAD |
| 24 Feb 2023 | £276,849 | £275,000 | 93 DANIEL WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Grooms Lane |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Crittall Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near School Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Joseph Gardens |