£308,029
This estimated value is based upon the latest sale price for the house of £190,000 on 22 Jan 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 |
|---|---|
| £190,000 | 22 Jan 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 876 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 January 2007 the House Price Index for ESSEX was 90.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.121%.Applying this 62.121% change to the original purchase price of £190,000 results in an estimated price of approximately £308,029.
| 22 Jan 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 146.7 | 62.121 % | £190,000 | £118,029 | £308,029 |
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 | 44.921 % | £85,350 | £275,350 |
| 3 Month Average | 42.312 % | £80,391 | £270,391 |
| 6 Month Average | 60.517 % | £114,982 | £304,982 |
This house has a floor area of 81 sq meters or 876 sq feet when measured on 28 Jun 2010.
The average size of a house on JOHN RAY STREET is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near John Ray Street |
| Mar 2024 | Anti-social behaviour | On or near John Ray Street | |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near John Ray Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |