£229,665
This estimated value is based upon the latest sale price for the house of £220,000 on 4 Mar 2022. 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 |
|---|---|
| £220,000 | 4 Mar 2022 |
| £118,500 | 31 Mar 2004 |
| Terraced |
| Freehold |
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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £220,000 results in an estimated price of approximately £229,665.
| 4 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £220,000 | £9,665 | £229,665 |
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 | 19.530 % | £42,966 | £262,966 |
| 3 Month Average | 2.455 % | £5,401 | £225,401 |
| 6 Month Average | 0.814 % | £1,791 | £221,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £295,000 | £295,000 | 16 BRYONY CLOSE |
| 16 May 2024 | £265,000 | £265,000 | 61 HONEYSUCKLE WAY |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornel Close |
| Oct 2024 | Violence and sexual offences | Under investigation | 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 |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Cornel Close |