16, MILL BRIDGE, HALSTEAD, CO9 2LP - £115,000

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.

16 MILL BRIDGE is a small flat of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £116,781. It was last sold for £115,000 in July 2020, which was around 22% below the average July 2020 flat price in the Braintree local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

16 MILL BRIDGE Sold Prices

Land registry data shows five sales for 16 MILL BRIDGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Braintree local authority area for the corresponding sale date. All of the five 16 MILL BRIDGE 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
2020 10 JUL	£115,000	£146,828	22% below HPI
2012 4 SEP	£93,000	£103,530	10% below HPI
2004 15 MAR	£90,000	£93,925	4% below HPI
2000 23 OCT	£45,500	£50,465	10% below HPI
1999 15 SEP	£37,000	£42,144	12% below HPI

What might 16 MILL BRIDGE be worth now?

16 MILL BRIDGE might now be worth an estimated £116,781.

This is based on house price inflation of 1.5%, between July 2020 and April 2026, for flats, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for 16 MILL BRIDGE of £115,000 on 10th July 2020. For the value to have increased from £115,000 to £116,781 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 16 MILL BRIDGE has moved in line with the HPI for flats in the Braintree local authority area.
• The July 2020 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILL BRIDGE has not materially changed since July 2020.

How Large is 16 MILL BRIDGE?

16 MILL BRIDGE is 48m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of flats in Halstead, based on EPC data. 34% of flats are smaller than 16 MILL BRIDGE, and 63% of flats are larger. Note that EPC data is not available for all properties in Halstead.

16 MILL BRIDGE: Plot

16 MILL BRIDGE sits on a plot of roughly 1.6 acres, or 6,622m².

Where is 16 MILL BRIDGE?

16 MILL BRIDGE is located in HALSTEAD, in the CO9 postcode district.