£329,946
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Nov 2015. 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 |
|---|---|
| £240,000 | 13 Nov 2015 |
| £210,000 | 4 Oct 2012 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 37.478%.Applying this 37.478% change to the original purchase price of £240,000 results in an estimated price of approximately £329,946.
| 13 Nov 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 146.7 | 37.478 % | £240,000 | £89,946 | £329,946 |
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 | -3.023 % | £-7,254 | £232,745 |
| 3 Month Average | 6.706 % | £16,095 | £256,095 |
| 6 Month Average | 27.165 % | £65,194 | £305,194 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 13 Sep 2012.
The average size of a house on THOMAS WAY is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Thomas Way | |
| Jan 2024 | Anti-social behaviour | On or near Thomas Way | |
| Jan 2024 | Anti-social behaviour | On or near Thomas Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hyde Farm Corner |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Hyde Farm Corner |