£118,101
This estimated value is based upon the latest sale price for the house of £69,500 on 20 Apr 2012. 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 |
---|---|
£69,500 | 20 Apr 2012 |
£20,520 | 14 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 515 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 April 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.931%.Applying this 69.931% change to the original purchase price of £69,500 results in an estimated price of approximately £118,101.
20 Apr 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.0 | 69.931 % | £69,500 | £48,601 | £118,101 |
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 | 35.288 % | £24,524 | £94,024 |
3 Month Average | 50.571 % | £35,146 | £104,646 |
6 Month Average | 50.363 % | £35,002 | £104,502 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £298,836 | £295,000 | 5 CROUCH COURT |
28 Jul 2023 | £201,910 | £200,000 | 20 MUNDON ROAD |
21 Apr 2023 | £166,236 | £165,000 | 21 KNIGHTS ROAD |
3 Apr 2023 | £165,228 | £164,000 | 25 KNIGHTS ROAD |
28 Feb 2023 | £264,748 | £266,000 | 32 MUNDON ROAD |
This house has a floor area of 47 sq meters or 515 sq feet when measured on 17 Nov 2011. Using an estimated price of £118,102 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on SALCOTT CREEK COURT is 69 sq meters (745 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelmer Road |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Chelmer Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelmer Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chelmer Road |