£660,476
This estimated value is based upon the latest sale price for the house of £545,000 on 16 Apr 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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74a High Street, Braintree, CM7 1JP
Phone: 01376816488
| Price Paid | Date |
|---|---|
| £545,000 | 16 Apr 2020 |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 April 2020 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.188%.Applying this 21.188% change to the original purchase price of £545,000 results in an estimated price of approximately £660,476.
| 16 Apr 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.188 % | £545,000 | £115,476 | £660,476 |
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 | 6.979 % | £38,036 | £583,036 |
| 3 Month Average | -8.656 % | £-47,175 | £497,824 |
| 6 Month Average | 4.045 % | £22,044 | £567,044 |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 4 Mar 2020.
The average size of a house on LONDON ROAD is 141 sq meters (1,528 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near London Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Dec 2023 | Drugs | Awaiting court outcome | On or near London Road |
| Dec 2023 | Drugs | Awaiting court outcome | On or near London Road |
| Mar 2024 | Other theft | Under investigation | On or near Chestnut Grove |