£1,001,345
This estimated value is based upon the latest sale price for the house of £585,000 on 31 Mar 2010. 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 |
---|---|
£585,000 | 31 Mar 2010 |
Detached |
Freehold |
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 2010 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £585,000 results in an estimated price of approximately £1,001,345.
31 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.170 % | £585,000 | £416,345 | £1,001,345 |
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 | 49.446 % | £289,260 | £874,260 |
3 Month Average | 59.452 % | £347,796 | £932,796 |
6 Month Average | 62.867 % | £367,771 | £952,771 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £395,000 | £395,000 | 51 BRADFORD STREET |
26 Sep 2023 | £370,671 | £362,500 | 53 BRADFORD STREET |
8 Aug 2023 | £427,714 | £420,000 | 2 THE COURTYARD |
30 Jun 2023 | £445,528 | £436,600 | 36 BRADFORD STREET |
6 Apr 2023 | £743,914 | £730,000 | 17A FRIARS LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other crime | Unable to prosecute suspect | On or near Friars Lane |
Aug 2024 | Other theft | Unable to prosecute suspect | On or near Phillips Chase |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phillips Chase |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phillips Chase |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Woolpack Lane |