£327,770
This estimated value is based upon the latest sale price for the house of £100,000 on 28 Sep 2001. 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 |
|---|---|
| £100,000 | 28 Sep 2001 |
| £72,435 | 9 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 799 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 September 2001 the House Price Index for ESSEX was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £100,000 results in an estimated price of approximately £327,770.
| 28 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £100,000 | £227,770 | £327,770 |
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 | 158.897 % | £158,897 | £258,897 |
| 3 Month Average | 151.654 % | £151,653 | £251,653 |
| 6 Month Average | 190.182 % | £190,181 | £290,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £244,274 | £240,000 | 33 FARTHING CLOSE |
| 8 Dec 2023 | £305,342 | £300,000 | 31 SOVEREIGN CLOSE |
| 1 Sep 2023 | £324,145 | £320,000 | 58 ANSON WAY |
| 28 Apr 2023 | £270,917 | £268,000 | 9 SOVEREIGN CLOSE |
| 24 Feb 2023 | £359,758 | £360,000 | 29 SOVEREIGN CLOSE |
This house has a floor area of 74 sq meters or 799 sq feet when measured on 11 Apr 2011. Using an estimated price of £327,771 means this house is valued at £4,413 per sq meter (£410 per sq foot).
The average size of a house on FARTHING CLOSE is 67 sq meters (729 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Farthing Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anson Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hatches Mews |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hatches Mews |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deerleap Way |