£345,209
This estimated value is based upon the latest sale price for the house of £281,500 on 18 Oct 2019. 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 |
|---|---|
| £281,500 | 18 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £281,500 results in an estimated price of approximately £345,209.
| 18 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £281,500 | £63,709 | £345,209 |
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 | 14.495 % | £40,802 | £322,302 |
| 3 Month Average | -5.499 % | £-15,480 | £266,019 |
| 6 Month Average | 5.199 % | £14,634 | £296,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £333,139 | £330,000 | 30 WHEATLEY AVENUE |
| 22 Sep 2022 | £128,959 | £130,000 | 8 WARLEY CLOSE |
| 12 Aug 2022 | £199,463 | £200,000 | 11 WARLEY CLOSE |
| 16 Feb 2022 | £377,530 | £360,000 | 376 COGGESHALL ROAD |
| 17 Dec 2021 | £337,484 | £315,000 | 372 COGGESHALL ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 5 Jul 2019. Using an estimated price of £345,210 means this house is valued at £3,752 per sq meter (£348 per sq foot).
The average size of a house on HAY LANE NORTH is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatley Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wheatley Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wheatley Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatley Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatley Avenue |