£651,755
This estimated value is based upon the latest sale price for the house of £640,000 on 17 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Old Bakery, High Street, Great Bardfield, Braintree, CM7 4RF
Phone: 01371395578
| Price Paid | Date |
|---|---|
| £640,000 | 17 Aug 2023 |
| £340,000 | 14 May 2003 |
| 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 2023 the House Price Index for ESSEX was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £640,000 results in an estimated price of approximately £651,755.
| 17 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £640,000 | £11,755 | £651,755 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | -7.174 % | £-45,915 | £594,084 |
| 3 Month Average | -12.891 % | £-82,499 | £557,500 |
| 6 Month Average | -4.019 % | £-25,719 | £614,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £510,693 | £495,000 | WHEATSHEAF COTTAGE GAINSFORD END |
| 17 Aug 2023 | £651,755 | £640,000 | THE THATCHINGS GAINSFORD END |
| 21 Feb 2023 | £573,833 | £570,000 | CHAPEL HOUSE THE STREET |
| 27 Sep 2022 | £419,720 | £420,000 | 6 PARK LANE |
| 29 Jul 2022 | £631,326 | £625,000 | 1 THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Mallows Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mallows Lane |
| Oct 2024 | Other theft | Under investigation | On or near Mill Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Lane |