£261,352
This estimated value is based upon the latest sale price for the house of £205,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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74a High Street, Braintree, CM7 1JP
Phone: 01376816488
| Price Paid | Date |
|---|---|
| £205,000 | 14 Jul 2017 |
| £122,000 | 9 Dec 2011 |
| £127,500 | 28 Nov 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2017 the House Price Index for ESSEX was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £205,000 results in an estimated price of approximately £261,352.
| 14 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £205,000 | £56,352 | £261,352 |
The Postcode Pricing Model uses changes in average sales price within the CM3 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 | -27.126 % | £-55,607 | £149,392 |
| 3 Month Average | -1.297 % | £-2,659 | £202,340 |
| 6 Month Average | 14.804 % | £30,347 | £235,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2022 | £319,141 | £320,000 | 17 RICH CLOSE |
| 21 Jul 2022 | £225,607 | £225,000 | 14 LITTLE DOMINIE COURT FAYREWOOD DRIVE |
| 10 Jun 2022 | £215,546 | £212,500 | 5 LITTLE DOMINIE COURT FAYREWOOD DRIVE |
| 29 Apr 2022 | £247,152 | £240,000 | 3 LITTLE DOMINIE COURT FAYREWOOD DRIVE |
| 4 Mar 2022 | £414,505 | £400,000 | 4 OLD MOORS |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Nov 2011. Using an estimated price of £261,352 means this house is valued at £4,284 per sq meter (£398 per sq foot).
The average size of a house on FAYREWOOD DRIVE is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Old Moors |
| Mar 2024 | Possession of weapons | Under investigation | On or near School Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near School Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Manor View |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oak Manor View |