£277,374
This estimated value is based upon the latest sale price for the house of £228,000 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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20 Bank Street, Braintree, CM7 1UP
Phone: 01376538236
Price Paid | Date |
---|---|
£228,000 | 5 Oct 2018 |
£175,000 | 15 Dec 2015 |
£46,750 | 13 Dec 1996 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £228,000 results in an estimated price of approximately £277,374.
5 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 146.7 | 21.655 % | £228,000 | £49,374 | £277,374 |
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 | -4.613 % | £-10,516 | £217,483 |
3 Month Average | -10.949 % | £-24,964 | £203,035 |
6 Month Average | 2.317 % | £5,282 | £233,282 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Aug 2016.
The average size of a house on SPENCER SQUARE is 69 sq meters (748 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Spencer Square |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Spencer Square |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Spencer Square |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Spencer Square |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |