Full Address

WARNERS MILL FLAT 11 SILKS WAY
BRAINTREE
ESSEX
UNITED KINGDOM
CM7 3GB

Estimated Market Value

£192,487

This estimated value is based upon the latest sale price for the house of £150,000 on 18 May 2015. This value is then adjusted by the current Official House Price Index for ESSEX1

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Transactions for this house
Price PaidDate
£150,00018 May 2015
£125,0008 May 2009
£180,0009 Jun 2006
£106,00027 Feb 2004
£57,01730 Mar 2001
£41,0006 Aug 1999
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 May 2015 the House Price Index for ESSEX was 102.7.

The House Price Index as of 1 Dec 2019 is 131.8 which is a change of 28.325%.

Applying this 28.325% change to the original purchase price of £150,000 gives us an estimated price now of around £192,487.

18 May 2015 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
102.7 131.8 28.325 % £150,000 £42,487 £192,487

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 102.481 % £153,721 £303,721
3 Month Average 76.305 % £114,456 £264,456
6 Month Average 51.161 % £76,740 £226,740
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
4 Jul 2019 £312,592 £310,000 53 SOUTH STREET
19 Dec 2018 £216,348 £216,000 5 CHELSEA MEWS
17 Oct 2018 £135,690 £135,000 FLAT 1 44 SOUTH STREET
17 Oct 2018 £175,895 £175,000 FLAT 2 44 SOUTH STREET
31 Aug 2018 £169,547 £168,500 FLAT 16 WARNERS MILL SILKS WAY

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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