£332,868
This estimated value is based upon the latest sale price for the house of £216,000 on 5 Sep 2007. 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 |
|---|---|
| £216,000 | 5 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 September 2007 the House Price Index for ESSEX was 95.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.106%.Applying this 54.106% change to the original purchase price of £216,000 results in an estimated price of approximately £332,868.
| 5 Sep 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 146.7 | 54.106 % | £216,000 | £116,868 | £332,868 |
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 | 26.431 % | £57,089 | £273,089 |
| 3 Month Average | 22.753 % | £49,147 | £265,147 |
| 6 Month Average | 45.735 % | £98,787 | £314,787 |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 3 Oct 2014.
The average size of a house on RUSSET CLOSE is 153 sq meters (1,652 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Russet Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nineacres |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nineacres |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nineacres |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Orchard Drive |