£162,658
This estimated value is based upon the latest sale price for the house of £159,000 on 9 Mar 2022. 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 |
|---|---|
| £159,000 | 9 Mar 2022 |
| £99,500 | 29 Dec 2003 |
| £48,000 | 3 Nov 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £159,000 results in an estimated price of approximately £162,658.
| 9 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £159,000 | £3,658 | £162,658 |
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 | -35.518 % | £-56,473 | £102,526 |
| 3 Month Average | 0.377 % | £598 | £159,598 |
| 6 Month Average | -0.694 % | £-1,104 | £157,895 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 24 Apr 2013.
The average size of a house on SILKS WAY is 48 sq meters (523 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Dovehouse Yard |
| Nov 2023 | Other theft | Investigation complete; no suspect identified | On or near Dovehouse Yard |
| Nov 2023 | Public order | Investigation complete; no suspect identified | On or near Dovehouse Yard |
| Nov 2023 | Violence and sexual offences | Awaiting court outcome | On or near Dovehouse Yard |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |