£446,784
This estimated value is based upon the latest sale price for the house of £360,000 on 14 Dec 2017. 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 |
|---|---|
| £360,000 | 14 Dec 2017 |
| £325,000 | 18 Dec 2015 |
| £241,000 | 16 Sep 2010 |
| £175,000 | 7 Oct 2004 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 934 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 December 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £360,000 results in an estimated price of approximately £446,784.
| 14 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £360,000 | £86,784 | £446,784 |
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 | -16.474 % | £-59,304 | £300,695 |
| 3 Month Average | -5.870 % | £-21,131 | £338,868 |
| 6 Month Average | 7.013 % | £25,245 | £385,245 |
This house has a floor area of 86 sq meters or 934 sq feet when measured on 15 Apr 2009.
There is one other house on the street which we know the size of, this is 2 POSTMILL DRIVE it is 42.8
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Postmill Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Postmill Drive |
| Feb 2024 | Anti-social behaviour | On or near Warley Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Warley Close |
| Feb 2024 | Other theft | Under investigation | On or near Warley Close |