£347,896
This estimated value is based upon the latest sale price for the house of £64,495 on 6 Dec 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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74a High Street, Braintree, CM7 1JP
Phone: 01376816488
| Price Paid | Date |
|---|---|
| £64,495 | 6 Dec 1996 |
| 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 December 1996 the House Price Index for ESSEX was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £64,495 results in an estimated price of approximately £347,896.
| 6 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £64,495 | £283,401 | £347,896 |
The Postcode Pricing Model uses changes in average sales price within the CM77 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 | 281.046 % | £181,260 | £245,755 |
| 3 Month Average | 327.817 % | £211,425 | £275,920 |
| 6 Month Average | 350.150 % | £225,828 | £290,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £324,145 | £320,000 | 73 RAGLEY CLOSE |
| 22 Sep 2023 | £344,404 | £340,000 | 67 STANSTRETE FIELD |
| 8 Sep 2023 | £278,562 | £275,000 | 64 STANSTRETE FIELD |
| 21 Aug 2023 | £284,489 | £282,000 | 46 STANSTRETE FIELD |
| 24 Mar 2023 | £292,758 | £290,000 | 127 STANSTRETE FIELD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ragley Close |
| Jan 2024 | Anti-social behaviour | On or near Ragley Close | |
| Jan 2024 | Anti-social behaviour | On or near Ragley Close | |
| Jan 2024 | Anti-social behaviour | On or near Ragley Close | |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |