£297,968
This estimated value is based upon the latest sale price for the house of £300,000 on 17 Aug 2023. 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 |
|---|---|
| £300,000 | 17 Aug 2023 |
| £220,000 | 8 Jan 2016 |
| £153,000 | 21 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 794 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 August 2023 the House Price Index for ESSEX was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £300,000 results in an estimated price of approximately £297,968.
| 17 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £300,000 | £-2,031 | £297,968 |
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 | -39.217 % | £-117,652 | £182,347 |
| 3 Month Average | -15.884 % | £-47,652 | £252,347 |
| 6 Month Average | -2.546 % | £-7,637 | £292,362 |
This house has a floor area of 73 sq meters or 794 sq feet when measured on 6 Oct 2009.
The average size of a house on NORMANDY WAY is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Normandy Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Normandy Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Warne Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Tree Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Tree Gardens |