6, RAYLEIGH CLOSE, BRAINTREE, CM7 9TX - £225,000

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.

6 RAYLEIGH CLOSE is a detached house, which could now be worth an estimated £366,331. It was last sold for £225,000 in March 2008, which was around 34% below the average March 2008 detached price in the Braintree local authority area.

6 RAYLEIGH CLOSE Sold Prices

Land registry data shows three sales for 6 RAYLEIGH 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 6 RAYLEIGH 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
2008 25 MAR	£225,000	£342,042	34% below HPI
2002 27 SEP	£140,000	£230,664	39% below HPI
1998 14 AUG	£65,500	£121,210	46% below HPI

What might 6 RAYLEIGH CLOSE be worth now?

6 RAYLEIGH CLOSE might now be worth an estimated £366,331.

This is based on house price inflation of 62.8%, between March 2008 and May 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 62.8% inflationary increase is applied to the most recent sale price for 6 RAYLEIGH CLOSE of £225,000 on 25th March 2008. For the value to have increased from £225,000 to £366,331 over the seventeen years and ten months to May 2026, the following assumptions must hold true:

• The value of 6 RAYLEIGH CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2008 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RAYLEIGH CLOSE has not materially changed since March 2008.

Where is 6 RAYLEIGH CLOSE?

6 RAYLEIGH CLOSE is located in BRAINTREE, in the CM7 postcode district.