£325,984
This estimated value is based upon the latest sale price for the house of £251,500 on 29 Mar 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
The Corner House, Market Place, Braintree, CM7 3HQ
Phone: 01376409831
Price Paid | Date |
---|---|
£251,500 | 29 Mar 2017 |
£165,000 | 18 Dec 2009 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 978 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 March 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £251,500 results in an estimated price of approximately £325,984.
29 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £251,500 | £74,484 | £325,984 |
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 | -25.945 % | £-65,252 | £186,247 |
3 Month Average | -14.096 % | £-35,451 | £216,048 |
6 Month Average | 7.689 % | £19,337 | £270,837 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £375,560 | £370,000 | 35 ORCHARD DRIVE |
1 Sep 2023 | £314,015 | £310,000 | 63 THE RIDGEWAY |
6 Jun 2022 | £461,522 | £455,000 | 22 STRAWBERRY CLOSE |
15 Feb 2022 | £277,904 | £265,000 | 31 STEPHENSON ROAD |
17 Dec 2021 | £380,339 | £355,000 | 15 APPLETREE WALK |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 24 Jul 2009. Using an estimated price of £325,984 means this house is valued at £3,585 per sq meter (£333 per sq foot).
The average size of a house on THE RIDGEWAY is 97 sq meters (1,050 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peartree Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peartree Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Orchard Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stephenson Road |
Mar 2024 | Bicycle theft | On or near Braintree (Station) |