£258,389
This estimated value is based upon the latest sale price for the house of £57,950 on 30 Apr 1999. 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 |
|---|---|
| £57,950 | 30 Apr 1999 |
| 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 April 1999 the House Price Index for ESSEX was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £57,950 results in an estimated price of approximately £258,389.
| 30 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 148.6 | 345.883 % | £57,950 | £200,439 | £258,389 |
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 | 252.946 % | £146,582 | £204,532 |
| 3 Month Average | 244.196 % | £141,511 | £199,461 |
| 6 Month Average | 293.892 % | £170,310 | £228,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £244,274 | £240,000 | 33 FARTHING CLOSE |
| 8 Dec 2023 | £305,342 | £300,000 | 31 SOVEREIGN CLOSE |
| 1 Sep 2023 | £324,145 | £320,000 | 58 ANSON WAY |
| 28 Apr 2023 | £270,917 | £268,000 | 9 SOVEREIGN CLOSE |
| 24 Feb 2023 | £359,758 | £360,000 | 29 SOVEREIGN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Farthing Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anson Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hatches Mews |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hatches Mews |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deerleap Way |