£318,535
This estimated value is based upon the latest sale price for the house of £185,000 on 6 Mar 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 |
|---|---|
| £185,000 | 6 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 March 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £185,000 results in an estimated price of approximately £318,535.
| 6 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £185,000 | £133,535 | £318,535 |
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 | 63.423 % | £117,331 | £302,331 |
| 3 Month Average | 64.826 % | £119,927 | £304,927 |
| 6 Month Average | 60.057 % | £111,104 | £296,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £171,276 | £167,500 | 10 RAILWAY STREET |
| 23 Jun 2023 | £295,930 | £290,000 | 52 RAILWAY STREET |
| 8 Jun 2023 | £194,906 | £191,000 | 47 RAILWAY STREET |
| 10 Jan 2023 | £256,686 | £256,000 | 58 RAILWAY STREET |
| 25 Jul 2022 | £212,126 | £210,000 | 47 MANOR STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 11 May 2011. Using an estimated price of £318,536 means this house is valued at £3,353 per sq meter (£311 per sq foot).
The average size of a house on RAILWAY STREET is 59 sq meters (637 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mount Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mount Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |
| Jul 2024 | Theft from the person | Unable to prosecute suspect | On or near Mount Road |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Manor Street |