£412,707
This estimated value is based upon the latest sale price for the house of £79,995 on 13 Jun 1997. 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 |
|---|---|
| £79,995 | 13 Jun 1997 |
| Detached |
| 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 June 1997 the House Price Index for ESSEX was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £79,995 results in an estimated price of approximately £412,707.
| 13 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 149.7 | 415.917 % | £79,995 | £332,712 | £412,707 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 453.903 % | £363,099 | £443,094 |
| 3 Month Average | 478.121 % | £382,472 | £462,467 |
| 6 Month Average | 473.089 % | £378,447 | £458,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £363,159 | £352,000 | 11 GROOMS LANE |
| 27 Oct 2023 | £345,343 | £337,500 | 43 DANIEL WAY |
| 1 Sep 2023 | £296,537 | £290,000 | 14 JOSEPH GARDENS |
| 24 Aug 2023 | £402,255 | £395,000 | 40 DANIEL WAY |
| 7 Jun 2023 | £285,726 | £280,000 | 26 WESTERN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near School Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Grooms Lane |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Joseph Gardens |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Joseph Gardens |