£324,259
This estimated value is based upon the latest sale price for the house of £300,000 on 22 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 22 Jun 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £300,000 results in an estimated price of approximately £324,259.
| 22 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £300,000 | £24,259 | £324,259 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | 6.261 % | £18,781 | £318,781 |
| 3 Month Average | 19.925 % | £59,773 | £359,773 |
| 6 Month Average | 1.752 % | £5,256 | £305,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £305,000 | £305,000 | 12 BRAXTED CLOSE |
| 5 Apr 2024 | £312,716 | £310,000 | 13 BANYARD WAY |
| 30 Aug 2023 | £356,429 | £350,000 | 59 WESTBURY |
| 1 Aug 2023 | £336,061 | £330,000 | 17 WESTBURY |
| 5 Jun 2023 | £352,055 | £345,000 | 7 BRAXTED CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 Oct 2016. Using an estimated price of £324,260 means this house is valued at £3,770 per sq meter (£350 per sq foot).
The average size of a house on BRAXTED CLOSE is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silverthorn Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silverthorn Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silverthorn Close |
| Oct 2024 | Burglary | Under investigation | On or near Eastbury Avenue |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Eastbury Avenue |