1, RUSTIC CLOSE, BRAINTREE, CM7 3RX - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 RUSTIC CLOSE is a detached house, which could now be worth an estimated £494,521. It was last sold for £240,000 in December 2003, which was around 10% below the average December 2003 detached price in the Braintree local authority area.

1 RUSTIC CLOSE Sold Prices

Land registry data shows two sales for 1 RUSTIC CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 1 RUSTIC CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 17 DEC	£240,000	£266,632	10% below HPI
2002 16 DEC	£209,000	£247,817	16% below HPI

What might 1 RUSTIC CLOSE be worth now?

1 RUSTIC CLOSE might now be worth an estimated £494,521.

This is based on house price inflation of 106.1%, between December 2003 and April 2026, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 106.1% inflationary increase is applied to the most recent sale price for 1 RUSTIC CLOSE of £240,000 on 17th December 2003. For the value to have increased from £240,000 to £494,521 over the 23 years and eight months to April 2026, the following assumptions must hold true:

• The value of 1 RUSTIC CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The December 2003 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RUSTIC CLOSE has not materially changed since December 2003.

Where is 1 RUSTIC CLOSE?

1 RUSTIC CLOSE is located in BRAINTREE, in the CM7 postcode district.