£212,998
This estimated value is based upon the latest sale price for the house of £137,000 on 5 Oct 2007. 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 |
|---|---|
| £137,000 | 5 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 October 2007 the House Price Index for ESSEX was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £137,000 results in an estimated price of approximately £212,998.
| 5 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £137,000 | £75,998 | £212,998 |
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 | 26.866 % | £36,806 | £173,806 |
| 3 Month Average | 23.626 % | £32,367 | £169,367 |
| 6 Month Average | 43.385 % | £59,436 | £196,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £208,081 | £205,000 | 2 THE DUTCH HOUSE SOUTH STREET |
| 20 Jun 2023 | £135,643 | £134,000 | 14 THE DEPOT FAIRFIELD ROAD |
| 28 Apr 2023 | £288,102 | £285,000 | 57A SOUTH STREET |
| 24 Mar 2023 | £133,760 | £132,500 | FLAT 7 MAZERS COURT SILKS WAY |
| 17 Jan 2023 | £129,390 | £130,000 | FLAT 12 RODING HOUSE MARKET STREET |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 18 Apr 2019. Using an estimated price of £212,999 means this house is valued at £5,071 per sq meter (£471 per sq foot).
The average size of a house on FAIRFIELD ROAD is 62 sq meters (671 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Fairfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Road |
| Mar 2024 | Drugs | Under investigation | On or near Fairfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Road |