£420,656
This estimated value is based upon the latest sale price for the house of £320,000 on 27 Jul 2016. 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 |
|---|---|
| £320,000 | 27 Jul 2016 |
| £245,000 | 11 Nov 2014 |
| £191,500 | 4 Sep 2009 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 967 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 July 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £320,000 results in an estimated price of approximately £420,656.
| 27 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £320,000 | £100,656 | £420,656 |
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 | 2.594 % | £8,300 | £328,300 |
| 3 Month Average | 3.364 % | £10,765 | £330,765 |
| 6 Month Average | 23.002 % | £73,606 | £393,606 |
This house has a floor area of 89 sq meters or 967 sq feet when measured on 30 Jul 2009.
The average size of a house on MARLBOROUGH ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Portland Close |
| Mar 2024 | Other theft | Under investigation | On or near Portland Close |
| Feb 2024 | Drugs | Under investigation | On or near Portland Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cumberland Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Gardens |