£471,870
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Apr 2002. 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 |
|---|---|
| £160,000 | 11 Apr 2002 |
| £79,000 | 3 Aug 1995 |
| Detached |
| Freehold |
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 April 2002 the House Price Index for ESSEX was 49.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 194.919%.Applying this 194.919% change to the original purchase price of £160,000 results in an estimated price of approximately £471,870.
| 11 Apr 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 146.7 | 194.919 % | £160,000 | £311,870 | £471,870 |
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 | 127.330 % | £203,728 | £363,728 |
| 3 Month Average | 125.957 % | £201,531 | £361,531 |
| 6 Month Average | 162.692 % | £260,306 | £420,306 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near London Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Dec 2023 | Drugs | Awaiting court outcome | On or near London Road |
| Dec 2023 | Drugs | Awaiting court outcome | On or near London Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Sycamore Grove |