£342,836
This estimated value is based upon the latest sale price for the house of £124,995 on 28 Aug 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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61a High Street, Braintree, CM7 1JX
Phone: 01376409696
| Price Paid | Date |
|---|---|
| £124,995 | 28 Aug 2002 |
| £96,750 | 9 Feb 2001 |
| Semi-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 August 2002 the House Price Index for ESSEX was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £124,995 results in an estimated price of approximately £342,836.
| 28 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £124,995 | £217,841 | £342,836 |
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 | 96.480 % | £120,594 | £245,589 |
| 3 Month Average | 89.947 % | £112,428 | £237,423 |
| 6 Month Average | 130.783 % | £163,472 | £288,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £420,375 | £415,000 | 152 PANFIELD LANE |
| 28 Jul 2023 | £167,251 | £165,000 | FLAT 4 VALENTINES COURT LANCASTER WAY |
| 24 Mar 2023 | £311,434 | £308,500 | 59 PANFIELD LANE |
| 9 Feb 2023 | £299,798 | £300,000 | 44 ARNHEM GROVE |
| 21 Dec 2021 | £299,986 | £280,000 | 69 PANFIELD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Local resolution | On or near Lancaster Way |
| Mar 2024 | Drugs | Local resolution | On or near Lancaster Way |
| Feb 2024 | Anti-social behaviour | On or near Lancaster Way | |
| Feb 2024 | Anti-social behaviour | On or near Lancaster Way | |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Lancaster Way |