£133,591
This estimated value is based upon the latest sale price for the house of £103,500 on 15 Jun 2017. 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 |
|---|---|
| £103,500 | 15 Jun 2017 |
| £161,950 | 18 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 June 2017 the House Price Index for ESSEX was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £103,500 results in an estimated price of approximately £133,591.
| 15 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £103,500 | £30,091 | £133,591 |
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 | 18.772 % | £19,428 | £122,928 |
| 3 Month Average | 15.290 % | £15,824 | £119,324 |
| 6 Month Average | 11.501 % | £11,903 | £115,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £114,255 | £112,500 | FLAT 4 ALBERT COURT RAILWAY STREET |
| 17 Oct 2023 | £81,859 | £80,000 | FLAT 19 ALBERT COURT RAILWAY STREET |
| 13 Oct 2023 | £107,440 | £105,000 | FLAT 10 ALBERT COURT RAILWAY STREET |
| 20 Sep 2023 | £260,748 | £255,000 | 51 MOUNT ROAD |
| 8 Jun 2023 | £194,906 | £191,000 | 47 RAILWAY STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 21 Jul 2016. Using an estimated price of £133,592 means this house is valued at £2,385 per sq meter (£221 per sq foot).
The average size of a house on RAILWAY STREET is 59 sq meters (637 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Drugs | Under investigation | On or near Croft Close |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Croft Close |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mount Road |