£424,544
This estimated value is based upon the latest sale price for the house of £345,000 on 28 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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20 Bank Street, Braintree, CM7 1UP
Phone: 01376538236
Price Paid | Date |
---|---|
£345,000 | 28 Aug 2019 |
£266,000 | 30 Jun 2009 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £345,000 results in an estimated price of approximately £424,544.
28 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £345,000 | £79,544 | £424,544 |
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 | 23.226 % | £80,128 | £425,128 |
3 Month Average | -7.047 % | £-24,313 | £320,686 |
6 Month Average | 3.554 % | £12,262 | £357,262 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jan 2023 | £209,015 | £210,000 | 1 WHITE RISE BROWNRIGG DRIVE |
2 Nov 2022 | £197,606 | £200,000 | 7 HAMMOND PLACE NOWELL CLOSE |
19 Aug 2022 | £209,686 | £210,250 | 4 HAMMOND PLACE NOWELL CLOSE |
10 Jun 2022 | £202,867 | £200,000 | 13 BOVINGDON ROAD |
31 May 2022 | £201,293 | £197,500 | 1 BOYES RISE NOWELL CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 30 May 2019. Using an estimated price of £424,545 means this house is valued at £3,894 per sq meter (£361 per sq foot).
The average size of a house on BROWNRIGG DRIVE is 91 sq meters (980 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Nowell Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nowell Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nowell Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Nowell Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Dean'S Walk |