£153,111
This estimated value is based upon the latest sale price for the house of £115,000 on 5 Aug 2016. 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 |
---|---|
£115,000 | 5 Aug 2016 |
£110,000 | 20 Aug 2009 |
£161,150 | 23 Jul 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 514 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 August 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £115,000 results in an estimated price of approximately £153,111.
5 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £115,000 | £38,111 | £153,111 |
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 | 7.077 % | £8,138 | £123,138 |
3 Month Average | 0.534 % | £614 | £115,614 |
6 Month Average | 21.643 % | £24,889 | £139,889 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £112,500 | £112,500 | FLAT 4 ALBERT COURT RAILWAY STREET |
20 Sep 2023 | £258,303 | £255,000 | 51 MOUNT ROAD |
20 Jan 2023 | £107,494 | £108,000 | FLAT 11 ALBERT COURT RAILWAY STREET |
30 Mar 2022 | £271,501 | £262,000 | 54 RAILWAY STREET |
10 Dec 2021 | £123,208 | £115,000 | FLAT 3 ALBERT COURT RAILWAY STREET |
This house has a floor area of 47 sq meters or 514 sq feet when measured on 20 Mar 2009. Using an estimated price of £153,112 means this house is valued at £3,205 per sq meter (£297 per sq foot).
The average size of a house on RAILWAY STREET is 59 sq meters (637 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Croft Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Keeble Way |