£369,493
This estimated value is based upon the latest sale price for the house of £244,000 on 1 Aug 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
The Corner House, Market Place, Braintree, CM7 3HQ
Phone: 01376409831
| Price Paid | Date |
|---|---|
| £244,000 | 1 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 August 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £244,000 results in an estimated price of approximately £369,493.
| 1 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £244,000 | £125,493 | £369,493 |
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 | 23.173 % | £56,542 | £300,542 |
| 3 Month Average | 33.173 % | £80,941 | £324,941 |
| 6 Month Average | 41.987 % | £102,447 | £346,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £161,412 | £160,000 | 23 KNIGHTS ROAD |
| 21 Apr 2023 | £166,796 | £165,000 | 21 KNIGHTS ROAD |
| 3 Apr 2023 | £165,785 | £164,000 | 25 KNIGHTS ROAD |
| 17 Mar 2023 | £429,042 | £425,000 | 1 SALCOMBE ROAD |
| 14 Feb 2023 | £279,812 | £280,000 | 32 KNIGHTS ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 20 Mar 2013. Using an estimated price of £369,494 means this house is valued at £4,798 per sq meter (£445 per sq foot).
The average size of a house on CRESSING ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knights Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Knights Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knights Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Knights Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Knights Road |