£411,354
This estimated value is based upon the latest sale price for the house of £249,000 on 30 May 2013. 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 |
|---|---|
| £249,000 | 30 May 2013 |
| £93,000 | 4 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 May 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.203%.Applying this 65.203% change to the original purchase price of £249,000 results in an estimated price of approximately £411,354.
| 30 May 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.203 % | £249,000 | £162,354 | £411,354 |
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 | 39.189 % | £97,580 | £346,580 |
| 3 Month Average | 37.567 % | £93,541 | £342,541 |
| 6 Month Average | 58.553 % | £145,798 | £394,798 |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 4 Sep 2012.
The average size of a house on CHESTNUT GROVE is 148 sq meters (1,595 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Chestnut Grove |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Sycamore Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near School View |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hamilton Gardens |
| Mar 2024 | Drugs | Local resolution | On or near London Road |