£246,851
This estimated value is based upon the latest sale price for the house of £101,750 on 28 Mar 2003. 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 |
---|---|
£101,750 | 28 Mar 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 March 2003 the House Price Index for ESSEX was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £101,750 results in an estimated price of approximately £246,851.
28 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 148.6 | 142.606 % | £101,750 | £145,101 | £246,851 |
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 | 95.023 % | £96,685 | £198,435 |
3 Month Average | 80.332 % | £81,738 | £183,488 |
6 Month Average | 110.269 % | £112,198 | £213,948 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £141,717 | £140,000 | FLAT 22 ROSE GARDENS ROSE HILL |
24 Mar 2023 | £181,712 | £180,000 | FLAT 3 ROSE GARDENS ROSE HILL |
12 Jan 2023 | £175,672 | £176,500 | 21 GRESLEY DRIVE |
19 Aug 2022 | £104,718 | £105,000 | FLAT 11 ROSE GARDENS ROSE HILL |
17 Dec 2021 | £136,601 | £127,500 | 6 GRESLEY DRIVE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 22 May 2021. Using an estimated price of £246,852 means this house is valued at £4,747 per sq meter (£441 per sq foot).
The average size of a house on GRESLEY DRIVE is 60 sq meters (655 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near B1256 |
Mar 2024 | Other theft | Under investigation | On or near B1256 |
Mar 2024 | Violence and sexual offences | Under investigation | On or near B1256 |
Feb 2024 | Violence and sexual offences | Under investigation | On or near B1256 |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1256 |