£366,350
This estimated value is based upon the latest sale price for the house of £132,500 on 24 Jul 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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74a High Street, Braintree, CM7 1JP
Phone: 01376816488
| Price Paid | Date |
|---|---|
| £132,500 | 24 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2002 the House Price Index for ESSEX was 53.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 176.491%.Applying this 176.491% change to the original purchase price of £132,500 results in an estimated price of approximately £366,350.
| 24 Jul 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 146.7 | 176.491 % | £132,500 | £233,850 | £366,350 |
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 | 89.538 % | £118,637 | £251,137 |
| 3 Month Average | 96.827 % | £128,295 | £260,795 |
| 6 Month Average | 137.277 % | £181,892 | £314,392 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 13 Mar 2014.
The average size of a house on NEWNHAM CLOSE is 120 sq meters (1,296 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hamilton Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near College Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clydesdale Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Clydesdale Road |
| Jan 2024 | Anti-social behaviour | On or near Clydesdale Road |