£327,257
This estimated value is based upon the latest sale price for the house of £235,000 on 12 Nov 2015. 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 |
|---|---|
| £235,000 | 12 Nov 2015 |
| £185,000 | 11 Dec 2009 |
| £180,000 | 6 Oct 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £235,000 results in an estimated price of approximately £327,257.
| 12 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £235,000 | £92,257 | £327,257 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 62.437 % | £146,727 | £381,727 |
| 3 Month Average | 14.372 % | £33,773 | £268,773 |
| 6 Month Average | 22.070 % | £51,863 | £286,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Feb 2023 | £299,798 | £300,000 | 21 OAK ROAD |
| 28 Nov 2022 | £360,632 | £365,000 | 21 WATERS WAY |
| 2 Sep 2022 | £257,917 | £260,000 | 11 WHITE HORSE AVENUE |
| 26 Aug 2022 | £468,738 | £470,000 | 47 OAK ROAD |
| 24 Jun 2022 | £345,888 | £341,000 | 3 BLAMSTERS CRESCENT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 13 Nov 2014. Using an estimated price of £327,257 means this house is valued at £3,805 per sq meter (£353 per sq foot).
The average size of a house on OAK ROAD is 127 sq meters (1,375 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Deacon Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Three Gates Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Three Gates Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Three Gates Close |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Three Gates Close |