£429,044
This estimated value is based upon the latest sale price for the house of £310,000 on 1 Dec 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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74a High Street, Braintree, CM7 1JP
Phone: 01376816488
Price Paid | Date |
---|---|
£310,000 | 1 Dec 2015 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £310,000 results in an estimated price of approximately £429,044.
1 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £310,000 | £119,044 | £429,044 |
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 | 23.770 % | £73,686 | £383,686 |
3 Month Average | 4.474 % | £13,869 | £323,869 |
6 Month Average | 23.326 % | £72,310 | £382,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £344,404 | £340,000 | 36 ACORN AVENUE |
21 Jul 2023 | £621,363 | £613,000 | 6 MARSHALLS ROAD |
5 Jun 2023 | £389,721 | £385,000 | 4 ACORN AVENUE |
5 Apr 2023 | £391,212 | £387,000 | 8 ACORN AVENUE |
9 Sep 2022 | £472,187 | £476,000 | 37 SYCAMORE GROVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 Sep 2015. Using an estimated price of £429,044 means this house is valued at £4,820 per sq meter (£447 per sq foot).
The average size of a house on HAZEL GROVE is 121 sq meters (1,309 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Sycamore Grove |
Mar 2024 | Drugs | Local resolution | On or near London Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
Dec 2023 | Drugs | Awaiting court outcome | On or near London Road |
Dec 2023 | Drugs | Awaiting court outcome | On or near London Road |