£399,966
This estimated value is based upon the latest sale price for the house of £327,473 on 10 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £327,473 | 10 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £327,473 results in an estimated price of approximately £399,966.
| 10 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £327,473 | £72,493 | £399,966 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 65.472 % | £214,403 | £541,876 |
| 3 Month Average | 9.989 % | £32,711 | £360,184 |
| 6 Month Average | 5.881 % | £19,257 | £346,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £252,387 | £250,000 | 234 GORSE LANE |
| 21 Apr 2023 | £244,064 | £242,250 | 242 GORSE LANE |
| 10 Mar 2023 | £344,864 | £343,000 | 5 OAKS DRIVE |
| 25 Jul 2022 | £229,690 | £230,000 | 121 GORSE LANE |
| 7 Jul 2022 | £286,613 | £287,000 | 230 GORSE LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 8 Oct 2019. Using an estimated price of £399,966 means this house is valued at £5,262 per sq meter (£488 per sq foot).
The average size of a house on BRAMWOOD ROAD is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Oaks Drive |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Oaks Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaks Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Auger Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Auger Road |