£597,397
This estimated value is based upon the latest sale price for the house of £575,000 on 26 Jan 2022. 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 |
|---|---|
| £575,000 | 26 Jan 2022 |
| £149,950 | 10 Mar 2000 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £575,000 results in an estimated price of approximately £597,397.
| 26 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £575,000 | £22,397 | £597,397 |
The Postcode Pricing Model uses changes in average sales price within the CM77 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 | -30.710 % | £-176,583 | £398,416 |
| 3 Month Average | -37.928 % | £-218,084 | £356,915 |
| 6 Month Average | -19.593 % | £-112,659 | £462,340 |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 22 Jul 2019.
The average size of a house on CHERRY GARDENS is 164 sq meters (1,773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Quilberry Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Quilberry Drive |
| Mar 2024 | Other crime | Awaiting court outcome | On or near Thresher Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thresher Rise |
| Feb 2024 | Anti-social behaviour | On or near Thresher Rise |