£231,810
This estimated value is based upon the latest sale price for the house of £48,500 on 19 Mar 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
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20 Bank Street, Braintree, CM7 1UP
Phone: 01376538236
Price Paid | Date |
---|---|
£48,500 | 19 Mar 1998 |
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 1998 the House Price Index for ESSEX was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £48,500 results in an estimated price of approximately £231,810.
19 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.1 | 148.6 | 377.961 % | £48,500 | £183,310 | £231,810 |
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 | 289.216 % | £140,269 | £188,769 |
3 Month Average | 281.635 % | £136,593 | £185,093 |
6 Month Average | 335.308 % | £162,624 | £211,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £303,885 | £300,000 | 72 ROSEMARY AVENUE |
24 Jul 2023 | £248,342 | £245,000 | 21 ALEXANDER ROAD |
5 Jan 2023 | £273,711 | £275,000 | 27 ALEXANDER ROAD |
8 Jul 2022 | £292,287 | £291,500 | 10 CURRANTS FARM ROAD |
25 Apr 2022 | £331,595 | £322,000 | 8 CURRANTS FARM ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coldnailhurst Avenue |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coldnailhurst Avenue |
Mar 2024 | Anti-social behaviour | On or near Meadowside | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadowside |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadowside |