£496,269
This estimated value is based upon the latest sale price for the house of £315,000 on 13 Mar 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £315,000 | 13 Mar 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 March 2008 the House Price Index for ESSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £315,000 results in an estimated price of approximately £496,269.
| 13 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £315,000 | £181,269 | £496,269 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 57.644 % | £181,579 | £496,579 |
| 3 Month Average | 49.462 % | £155,806 | £470,806 |
| 6 Month Average | 64.130 % | £202,008 | £517,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £229,007 | £225,000 | 83 BRAISWICK |
| 29 Jun 2023 | £961,649 | £950,000 | 136 BRAISWICK |
| 20 Mar 2023 | £1,110,462 | £1,100,000 | 138 BRAISWICK |
| 28 Feb 2023 | £204,862 | £205,000 | 75 BRAISWICK |
| 17 Jun 2022 | £623,816 | £615,000 | 11 BAKERS LANE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 4 Nov 2015. Using an estimated price of £496,270 means this house is valued at £3,519 per sq meter (£326 per sq foot).
The average size of a house on BAKERS LANE is 176 sq meters (1,894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Burywoods |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Apprentice Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Axial Drive |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Fan Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Anemone Court |