£390,825
This estimated value is based upon the latest sale price for the house of £289,995 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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74a High Street, Braintree, CM7 1JP
Phone: 01376816488
| Price Paid | Date |
|---|---|
| £289,995 | 5 Feb 2016 |
| £225,000 | 3 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 February 2016 the House Price Index for ESSEX was 108.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 34.770%.Applying this 34.770% change to the original purchase price of £289,995 results in an estimated price of approximately £390,825.
| 5 Feb 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 146.7 | 34.770 % | £289,995 | £100,830 | £390,825 |
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 | 5.833 % | £16,915 | £306,910 |
| 3 Month Average | 10.546 % | £30,582 | £320,577 |
| 6 Month Average | 21.222 % | £61,542 | £351,537 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Apr 2015.
The average size of a house on FERNIE ROAD is 112 sq meters (1,213 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fernie Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernie Road |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Fernie Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brandon Road |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Petrol Station |