£414,326
This estimated value is based upon the latest sale price for the house of £344,000 on 30 Mar 2020. 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 |
|---|---|
| £344,000 | 30 Mar 2020 |
| £30,000 | 26 Feb 1999 |
| Detached |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £344,000 results in an estimated price of approximately £414,326.
| 30 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £344,000 | £70,326 | £414,326 |
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 | 75.192 % | £258,660 | £602,660 |
| 3 Month Average | 4.027 % | £13,851 | £357,851 |
| 6 Month Average | 1.035 % | £3,559 | £347,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £293,956 | £290,000 | 60 WINDMILL ROAD |
| 15 Jun 2023 | £334,046 | £330,000 | 73 CHAPEL HILL |
| 15 Jun 2023 | £354,292 | £350,000 | PITCHARDS COACH HOUSE TRINITY STREET |
| 22 Nov 2022 | £360,632 | £365,000 | 81A CHAPEL HILL |
| 7 Sep 2022 | £402,847 | £406,100 | 54 CHAPEL HILL |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 12 Mar 2015. Using an estimated price of £414,326 means this house is valued at £12,555 per sq meter (£1,166 per sq foot).
The average size of a house on CHAPEL HILL is 86 sq meters (931 sq feet).
This house is the smallest in the street with a floor area of 33 sq meters (355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Chapel Hill |
| Mar 2024 | Other crime | Under investigation | On or near Chapel Hill |
| Mar 2024 | Other crime | Under investigation | On or near Chapel Hill |
| Mar 2024 | Other crime | Under investigation | On or near Chapel Hill |
| Mar 2024 | Other crime | Under investigation | On or near Chapel Hill |