£270,849
This estimated value is based upon the latest sale price for the house of £50,000 on 30 Oct 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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20 Bank Street, Braintree, CM7 1UP
Phone: 01376538236
| Price Paid | Date |
|---|---|
| £50,000 | 30 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 1996 the House Price Index for ESSEX was 27.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 441.699%.Applying this 441.699% change to the original purchase price of £50,000 results in an estimated price of approximately £270,849.
| 30 Oct 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 146.7 | 441.699 % | £50,000 | £220,849 | £270,849 |
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 | 366.552 % | £183,275 | £233,275 |
| 3 Month Average | 339.909 % | £169,954 | £219,954 |
| 6 Month Average | 388.133 % | £194,066 | £244,066 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 21 May 2015.
The average size of a house on ROSEMARY AVENUE is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Other theft | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Drugs | Under investigation | On or near Spalding Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near Spalding Close |