£306,762
This estimated value is based upon the latest sale price for the house of £300,000 on 1 Sep 2023. 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 |
|---|---|
| £300,000 | 1 Sep 2023 |
| £125,000 | 9 Feb 2011 |
| Terraced |
| 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 September 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £300,000 results in an estimated price of approximately £306,762.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £300,000 | £6,762 | £306,762 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -8.257 % | £-24,771 | £275,228 |
| 3 Month Average | -7.480 % | £-22,440 | £277,559 |
| 6 Month Average | -1.722 % | £-5,165 | £294,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £264,057 | £260,000 | 56 SPEEDWELL CLOSE |
| 20 Dec 2023 | £304,352 | £295,000 | 73 CORNEL CLOSE |
| 1 Dec 2023 | £314,669 | £305,000 | 56 FOXGLOVE CLOSE |
| 20 Oct 2023 | £296,740 | £290,000 | 34 CORNEL CLOSE |
| 1 Sep 2023 | £276,086 | £270,000 | 15 CORNEL CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 24 Jul 2014. Using an estimated price of £306,762 means this house is valued at £3,567 per sq meter (£331 per sq foot).
The average size of a house on SPEEDWELL CLOSE is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Speedwell Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Speedwell Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Speedwell Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Speedwell Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Speedwell Close |