£267,106
This estimated value is based upon the latest sale price for the house of £175,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Corner House, Market Place, Braintree, CM7 3HQ
Phone: 01376409831
| Price Paid | Date |
|---|---|
| £175,000 | 23 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2014 the House Price Index for ESSEX was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £175,000 results in an estimated price of approximately £267,106.
| 23 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 146.7 | 52.632 % | £175,000 | £92,106 | £267,106 |
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 | 33.854 % | £59,244 | £234,244 |
| 3 Month Average | 28.806 % | £50,409 | £225,409 |
| 6 Month Average | 45.362 % | £79,382 | £254,382 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 30 Apr 2014.
The average size of a house on WORCESTER CLOSE is 111 sq meters (1,203 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Russet Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Orchard Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nineacres |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nineacres |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nineacres |