£507,390
This estimated value is based upon the latest sale price for the house of £300,000 on 21 Apr 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Water Lane
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61a High Street, Braintree, CM7 1JX
Phone: 01376409696
| Price Paid | Date |
|---|---|
| £300,000 | 21 Apr 2011 |
| £320,000 | 3 Jun 2008 |
| £71,950 | 12 Sep 1997 |
| Semi-Detached |
| Freehold |
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 April 2011 the House Price Index for ESSEX was 86.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.130%.Applying this 69.130% change to the original purchase price of £300,000 results in an estimated price of approximately £507,390.
| 21 Apr 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 146.7 | 69.130 % | £300,000 | £207,390 | £507,390 |
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 | 32.056 % | £96,168 | £396,168 |
| 3 Month Average | 26.522 % | £79,565 | £379,565 |
| 6 Month Average | 50.503 % | £151,509 | £451,509 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Water Lane |
| Feb 2024 | Vehicle crime | Under investigation | On or near Water Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kynaston Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kynaston Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Kynaston Road |