£283,868
This estimated value is based upon the latest sale price for the house of £247,000 on 21 Jul 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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61a High Street, Braintree, CM7 1JX
Phone: 01376409696
Price Paid | Date |
---|---|
£247,000 | 21 Jul 2021 |
£160,000 | 4 Sep 2012 |
Terraced |
Freehold |
Floor Area: 50 sq meters or 539 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 July 2021 the House Price Index for ESSEX was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £247,000 results in an estimated price of approximately £283,868.
21 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £247,000 | £36,868 | £283,868 |
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 | 0.273 % | £675 | £247,675 |
3 Month Average | -17.020 % | £-42,040 | £204,959 |
6 Month Average | -6.036 % | £-14,907 | £232,092 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £158,241 | £156,750 | 21 PROGRESS COURT |
20 Jan 2023 | £159,250 | £160,000 | 1A CAMELOT MEWS WHEATSHEAF ROAD |
6 Jan 2023 | £233,898 | £235,000 | 22 AETHERIC ROAD |
21 Mar 2022 | £279,791 | £270,000 | 48 GRENVILLE ROAD |
11 Mar 2022 | £338,858 | £327,000 | 18 AETHERIC ROAD |
This house has a floor area of 50 sq meters or 539 sq feet when measured on 8 Oct 2011. Using an estimated price of £283,869 means this house is valued at £5,666 per sq meter (£526 per sq foot).
The average size of a house on RAYNE ROAD is 92 sq meters (1,000 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Shoplifting | Local resolution | On or near Parking Area |
Mar 2024 | Public order | Under investigation | On or near Parking Area |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |