£546,884
This estimated value is based upon the latest sale price for the house of £116,995 on 14 Apr 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Market House, Market Place, Braintree, CM7 3HG
Phone: 01376409817
| Price Paid | Date |
|---|---|
| £116,995 | 14 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 1998 the House Price Index for ESSEX was 31.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 367.443%.Applying this 367.443% change to the original purchase price of £116,995 results in an estimated price of approximately £546,884.
| 14 Apr 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 146.7 | 367.443 % | £116,995 | £429,889 | £546,884 |
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 | 254.096 % | £297,279 | £414,274 |
| 3 Month Average | 264.762 % | £309,757 | £426,752 |
| 6 Month Average | 323.383 % | £378,342 | £495,337 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 22 Nov 2021.
The average size of a house on BRIDPORT WAY is 126 sq meters (1,359 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Sheene Grove | |
| Mar 2024 | Other crime | Under investigation | On or near Sheene Grove |
| Mar 2024 | Criminal damage and arson | Local resolution | On or near Sheene Grove |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Sheene Grove |
| Mar 2024 | Other crime | Under investigation | On or near Sheene Grove |