£284,181
This estimated value is based upon the latest sale price for the house of £193,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Corner House, Market Place, Braintree, CM7 3HQ
Phone: 01376409831
| Price Paid | Date |
|---|---|
| £193,000 | 5 Dec 2014 |
| £159,995 | 9 Feb 2010 |
| £96,000 | 4 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,271 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 2014 the House Price Index for ESSEX was 99.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.244%.Applying this 47.244% change to the original purchase price of £193,000 results in an estimated price of approximately £284,181.
| 5 Dec 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 146.7 | 47.244 % | £193,000 | £91,181 | £284,181 |
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 | 17.785 % | £34,325 | £227,325 |
| 3 Month Average | 18.501 % | £35,706 | £228,706 |
| 6 Month Average | 36.279 % | £70,018 | £263,018 |
This house has a floor area of 118 sq meters or 1,271 sq feet when measured on 26 Oct 2009.
The average size of a house on CHALLIS LANE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Browning Road |
| Jan 2024 | Drugs | Local resolution | On or near Browning Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Challis Lane |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Challis Lane |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Challis Lane |