3, RUSTIC CLOSE, BRAINTREE, CM7 3RX - £295,000

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.

3 RUSTIC CLOSE is a detached house, which could now be worth an estimated £457,500. It was last sold for £295,000 in May 2014, which was around 17% below the average May 2014 detached price in the Braintree local authority area.

3 RUSTIC CLOSE Sold Prices

Land registry data shows three sales for 3 RUSTIC CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 3 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
2014 27 MAY	£295,000	£354,255	17% below HPI
2010 15 APR	£243,750	£311,142	22% below HPI
2002 29 NOV	£210,000	£243,864	14% below HPI

What might 3 RUSTIC CLOSE be worth now?

3 RUSTIC CLOSE might now be worth an estimated £457,500.

This is based on house price inflation of 55.1%, between May 2014 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 55.1% inflationary increase is applied to the most recent sale price for 3 RUSTIC CLOSE of £295,000 on 27th May 2014. For the value to have increased from £295,000 to £457,500 over the twelve years and one month to April 2026, the following assumptions must hold true:

• The value of 3 RUSTIC CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The May 2014 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RUSTIC CLOSE has not materially changed since May 2014.

Where is 3 RUSTIC CLOSE?

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