£296,739
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Oct 2023. 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 |
|---|---|
| £290,000 | 20 Oct 2023 |
| £242,500 | 2 Jul 2018 |
| £145,500 | 3 Aug 2012 |
| £82,000 | 24 May 2002 |
| £48,500 | 6 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 914 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 2023 the House Price Index for ESSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £290,000 results in an estimated price of approximately £296,739.
| 20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £290,000 | £6,739 | £296,739 |
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 | 82.730 % | £239,917 | £529,917 |
| 3 Month Average | 1.539 % | £4,463 | £294,463 |
| 6 Month Average | -3.889 % | £-11,279 | £278,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £264,057 | £260,000 | 56 SPEEDWELL CLOSE |
| 20 Dec 2023 | £304,352 | £295,000 | 73 CORNEL CLOSE |
| 20 Oct 2023 | £296,740 | £290,000 | 34 CORNEL CLOSE |
| 29 Sep 2023 | £271,996 | £266,000 | 69 HONEYSUCKLE WAY |
| 28 Sep 2023 | £306,762 | £300,000 | 23 HONEYSUCKLE WAY |
This house has a floor area of 84 sq meters or 914 sq feet when measured on 6 Sep 2011. Using an estimated price of £296,740 means this house is valued at £3,493 per sq meter (£324 per sq foot).
The average size of a house on CORNEL CLOSE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Cornel Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornel Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornel Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cornel Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Cornel Close |