£510,209
This estimated value is based upon the latest sale price for the house of £330,000 on 16 May 2014. 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 |
|---|---|
| £330,000 | 16 May 2014 |
| £330,000 | 22 Apr 2005 |
| £187,500 | 16 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 May 2014 the House Price Index for ESSEX was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £330,000 results in an estimated price of approximately £510,209.
| 16 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £330,000 | £180,209 | £510,209 |
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 | 33.854 % | £111,717 | £441,717 |
| 3 Month Average | 28.806 % | £95,058 | £425,058 |
| 6 Month Average | 45.362 % | £149,693 | £479,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £274,057 | £270,000 | 1 BOURNE COURT |
| 15 Aug 2023 | £332,912 | £330,000 | 9 SLOUGH HOUSE CLOSE |
| 11 Aug 2023 | £287,515 | £285,000 | 340 CRESSING ROAD |
| 20 Mar 2023 | £277,615 | £275,000 | 357 CRESSING ROAD |
| 18 Jan 2023 | £165,222 | £166,000 | 21 PLAINS FIELD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 13 Dec 2013. Using an estimated price of £510,209 means this house is valued at £4,081 per sq meter (£379 per sq foot).
The average size of a house on SLOUGH HOUSE CLOSE is 116 sq meters (1,252 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Slough House Close |
| Mar 2024 | Drugs | Local resolution | On or near Slough House Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Supermarket |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |