£245,000
This estimated value is based upon the latest sale price for the house of £245,000 on 1 May 2024. 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 |
|---|---|
| £245,000 | 1 May 2024 |
| £160,000 | 31 Jul 2014 |
| £50,000 | 14 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2024 the House Price Index for ESSEX was 149.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £245,000 results in an estimated price of approximately £245,000.
| 1 May 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.7 | 149.7 | 0.000 % | £245,000 | £0 | £245,000 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | -25.803 % | £-63,217 | £181,782 |
| 3 Month Average | -14.872 % | £-36,435 | £208,564 |
| 6 Month Average | -0.800 % | £-1,959 | £243,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2024 | £145,000 | £145,000 | FLAT 18 COURTLANDS RAMSEY ROAD |
| 1 May 2024 | £245,000 | £245,000 | 6 CLOVERS |
| 15 Nov 2023 | £246,251 | £240,000 | 27 CLOVERS |
| 31 Mar 2023 | £294,925 | £290,000 | 6 DE VERES ROAD |
| 27 Jun 2022 | £296,334 | £290,000 | 21 WARREN ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Apr 2014. Using an estimated price of £245,000 means this house is valued at £3,500 per sq meter (£325 per sq foot).
The average size of a house on CLOVERS is 66 sq meters (719 sq feet).
This house is the largest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Clovers |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near De Veres Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near De Veres Road |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |