£254,606
This estimated value is based upon the latest sale price for the house of £161,500 on 25 May 2007. 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 |
|---|---|
| £161,500 | 25 May 2007 |
| £83,500 | 3 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2007 the House Price Index for ESSEX was 93.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.651%.Applying this 57.651% change to the original purchase price of £161,500 results in an estimated price of approximately £254,606.
| 25 May 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 146.7 | 57.651 % | £161,500 | £93,106 | £254,606 |
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 | 37.008 % | £59,768 | £221,268 |
| 3 Month Average | 35.207 % | £56,859 | £218,359 |
| 6 Month Average | 58.472 % | £94,432 | £255,932 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Apr 2013.
The average size of a house on DRAKE GARDENS is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawkins Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawkins Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anson Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jellicoe Way |
| Feb 2024 | Other crime | Further action is not in the public interest | On or near Jellicoe Way |