£354,613
This estimated value is based upon the latest sale price for the house of £187,000 on 22 Nov 2004. 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 |
---|---|
£187,000 | 22 Nov 2004 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 November 2004 the House Price Index for ESSEX was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £187,000 results in an estimated price of approximately £354,613.
22 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £187,000 | £167,613 | £354,613 |
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 | 53.236 % | £99,551 | £286,551 |
3 Month Average | 71.420 % | £133,555 | £320,555 |
6 Month Average | 72.217 % | £135,046 | £322,046 |
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 |
25 Jul 2022 | £171,721 | £170,000 | FLAT 4 COURTLANDS ABELS ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 17 Oct 2009. Using an estimated price of £354,613 means this house is valued at £4,221 per sq meter (£392 per sq foot).
The average size of a house on RAMSEY ROAD is 86 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Willow Way |
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Clovers |
Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |