48, CHERRY TREE CLOSE, HALSTEAD, CO9 2UA - £162,000

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.

48 CHERRY TREE CLOSE is a terraced house, which could now be worth an estimated £345,738. It was last sold for £162,000 in February 2004, which was around 31% above the average February 2004 terraced price in the Braintree local authority area.

48 CHERRY TREE CLOSE Sold Prices

Land registry data shows two sales for 48 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Both of the two 48 CHERRY TREE CLOSE sales were for above 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
2004 27 FEB	£162,000	£123,299	31% above HPI
2001 8 JUN	£94,950	£76,661	24% above HPI

What might 48 CHERRY TREE CLOSE be worth now?

48 CHERRY TREE CLOSE might now be worth an estimated £345,738.

This is based on house price inflation of 113.4%, between February 2004 and April 2026, for terraced 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 113.4% inflationary increase is applied to the most recent sale price for 48 CHERRY TREE CLOSE of £162,000 on 27th February 2004. For the value to have increased from £162,000 to £345,738 over the 21 years and ten months to April 2026, the following assumptions must hold true:

• The value of 48 CHERRY TREE CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The February 2004 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CHERRY TREE CLOSE has not materially changed since February 2004.

Where is 48 CHERRY TREE CLOSE?

48 CHERRY TREE CLOSE is located in HALSTEAD, in the CO9 postcode district.