£488,506
This estimated value is based upon the latest sale price for the house of £450,000 on 9 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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74a High Street, Braintree, CM7 1JP
Phone: 01376816488
| Price Paid | Date |
|---|---|
| £450,000 | 9 Sep 2021 |
| £385,000 | 9 Jan 2018 |
| Semi-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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £450,000 results in an estimated price of approximately £488,506.
| 9 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £450,000 | £38,506 | £488,506 |
The Postcode Pricing Model uses changes in average sales price within the CM77 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 | 43.870 % | £197,414 | £647,414 |
| 3 Month Average | 8.090 % | £36,403 | £486,403 |
| 6 Month Average | 10.241 % | £46,085 | £496,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £353,066 | £350,000 | 41 MEDLEY ROAD |
| 20 Oct 2023 | £404,180 | £395,000 | MELODY GORE LANE |
| 24 Mar 2023 | £406,793 | £400,000 | 4 MEDLEY ROAD |
| 21 Feb 2023 | £260,238 | £258,500 | 1 - 2 GORE LANE |
| 25 Jan 2023 | £551,474 | £550,000 | 18 GORE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Under investigation | On or near Makemores |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gore Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gore Road |
| Jun 2024 | Anti-social behaviour | On or near Gore Road | |
| Jun 2024 | Anti-social behaviour | On or near Gore Road |