£275,940
This estimated value is based upon the latest sale price for the house of £275,000 on 21 Dec 2023. 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 |
|---|---|
| £275,000 | 21 Dec 2023 |
| £137,500 | 18 Aug 2006 |
| £112,000 | 30 Jan 2004 |
| £44,000 | 12 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2023 the House Price Index for ESSEX was 146.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.342%.Applying this 0.342% change to the original purchase price of £275,000 results in an estimated price of approximately £275,940.
| 21 Dec 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.2 | 146.7 | 0.342 % | £275,000 | £940 | £275,940 |
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 | -30.777 % | £-84,637 | £190,362 |
| 3 Month Average | -16.891 % | £-46,449 | £228,550 |
| 6 Month Average | -5.890 % | £-16,198 | £258,801 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 13 Jul 2021.
There is one other house on the street which we know the size of, this is 3 PORTLAND CLOSE it is 69.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Portland Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Portland Close |
| Feb 2024 | Drugs | Under investigation | On or near Portland Close |
| Mar 2024 | Shoplifting | Local resolution | On or near Ushers Meadow |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ushers Meadow |