£287,136
This estimated value is based upon the latest sale price for the house of £221,500 on 12 May 2017. 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 |
|---|---|
| £221,500 | 12 May 2017 |
| £49,500 | 9 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £221,500 results in an estimated price of approximately £287,136.
| 12 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £221,500 | £65,636 | £287,136 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 0.944 % | £2,091 | £223,591 |
| 3 Month Average | 14.791 % | £32,761 | £254,261 |
| 6 Month Average | 9.231 % | £20,446 | £241,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £264,057 | £260,000 | 56 SPEEDWELL CLOSE |
| 20 Dec 2023 | £304,352 | £295,000 | 73 CORNEL CLOSE |
| 20 Oct 2023 | £296,740 | £290,000 | 34 CORNEL CLOSE |
| 29 Sep 2023 | £271,996 | £266,000 | 69 HONEYSUCKLE WAY |
| 28 Sep 2023 | £306,762 | £300,000 | 23 HONEYSUCKLE WAY |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 10 Aug 2016. Using an estimated price of £287,137 means this house is valued at £2,842 per sq meter (£264 per sq foot).
The average size of a house on CORNEL CLOSE is 89 sq meters (962 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Cornel Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornel Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornel Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cornel Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Cornel Close |