£382,019
This estimated value is based upon the latest sale price for the house of £260,000 on 23 Apr 2015. 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 |
|---|---|
| £260,000 | 23 Apr 2015 |
| £170,000 | 7 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 April 2015 the House Price Index for ESSEX was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £260,000 results in an estimated price of approximately £382,019.
| 23 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £260,000 | £122,019 | £382,019 |
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 | 31.360 % | £81,535 | £341,535 |
| 3 Month Average | 24.381 % | £63,389 | £323,389 |
| 6 Month Average | 37.777 % | £98,219 | £358,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £260,277 | £258,000 | 109 MARLBOROUGH ROAD |
| 4 Aug 2023 | £272,383 | £270,000 | 9 DEVONSHIRE GARDENS |
| 4 Jul 2023 | £456,139 | £450,000 | 5 RUTLAND GARDENS |
| 31 Mar 2023 | £395,728 | £392,000 | 84 MARLBOROUGH ROAD |
| 13 Mar 2023 | £440,147 | £436,000 | 68 CONNAUGHT GARDENS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 13 Dec 2014. Using an estimated price of £382,019 means this house is valued at £4,107 per sq meter (£381 per sq foot).
The average size of a house on CONNAUGHT GARDENS is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devonshire Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devonshire Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devonshire Gardens |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Bedford Close |