£510,213
This estimated value is based upon the latest sale price for the house of £103,500 on 19 Sep 1997. 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 |
|---|---|
| £103,500 | 19 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 September 1997 the House Price Index for ESSEX was 29.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 392.960%.Applying this 392.960% change to the original purchase price of £103,500 results in an estimated price of approximately £510,213.
| 19 Sep 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 146.7 | 392.960 % | £103,500 | £406,713 | £510,213 |
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 | 313.226 % | £324,188 | £427,688 |
| 3 Month Average | 287.253 % | £297,307 | £400,807 |
| 6 Month Average | 341.243 % | £353,186 | £456,686 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 9 Sep 2020.
The average size of a house on BROAD ROAD is 133 sq meters (1,439 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Lyons Hall Road |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Lyons Hall Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Lillies |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Lillies |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Lillies |