£107,090
This estimated value is based upon the latest sale price for the house of £21,000 on 19 May 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Norris Close
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Market House, Market Place, Braintree, CM7 3HG
Phone: 01376409817
| Price Paid | Date |
|---|---|
| £21,000 | 19 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 May 1997 the House Price Index for ESSEX was 28.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 409.953%.Applying this 409.953% change to the original purchase price of £21,000 results in an estimated price of approximately £107,090.
| 19 May 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 146.7 | 409.953 % | £21,000 | £86,090 | £107,090 |
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 | 309.416 % | £64,977 | £85,977 |
| 3 Month Average | 307.521 % | £64,579 | £85,579 |
| 6 Month Average | 374.207 % | £78,583 | £99,583 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Jul 2013.
The average size of a house on NORRIS CLOSE is 87 sq meters (941 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Norris Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Norris Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Keyes Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anson Way |