£253,641
This estimated value is based upon the latest sale price for the house of £129,950 on 25 Jun 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Corner House, Market Place, Braintree, CM7 3HQ
Phone: 01376409831
| Price Paid | Date |
|---|---|
| £129,950 | 25 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 June 2004 the House Price Index for ESSEX was 75.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 95.184%.Applying this 95.184% change to the original purchase price of £129,950 results in an estimated price of approximately £253,641.
| 25 Jun 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 146.7 | 95.184 % | £129,950 | £123,691 | £253,641 |
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 | 61.553 % | £79,988 | £209,938 |
| 3 Month Average | 54.379 % | £70,666 | £200,616 |
| 6 Month Average | 81.931 % | £106,469 | £236,419 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 13 Mar 2013.
The average size of a house on CLAY PITS is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plaiters Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lie Field Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lammas Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lammas Drive |
| Feb 2024 | Drugs | Local resolution | On or near Feather Close |