£506,021
This estimated value is based upon the latest sale price for the house of £338,000 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8-10 High Street, Billericay, CM12 9BQ
Phone: 01277298601
Price Paid | Date |
---|---|
£338,000 | 3 Oct 2014 |
£180,000 | 23 Aug 2012 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in October 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £338,000 results in an estimated price of approximately £506,021.
3 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £338,000 | £168,021 | £506,021 |
The Postcode Pricing Model uses changes in average sales price within the CM12 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 15.377 % | £51,974 | £389,974 |
3 Month Average | 12.964 % | £43,818 | £381,818 |
6 Month Average | 27.579 % | £93,218 | £431,218 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Aug 2022 | £548,524 | £550,000 | 28 UPLAND ROAD |
5 Aug 2022 | £478,711 | £480,000 | 14 ATRIDGE CHASE |
25 Feb 2022 | £393,260 | £375,000 | 17 RAVEN LANE |
8 Dec 2021 | £530,332 | £495,000 | 4 KNIGHTBRIDGE WALK |
28 May 2021 | £452,015 | £400,000 | 21 UPLAND ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 28 Apr 2014. Using an estimated price of £506,022 means this house is valued at £5,750 per sq meter (£534 per sq foot).
The average size of a house on RAVEN CLOSE is 111 sq meters (1,205 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Atridge Chase |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wick Glen |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Wick Glen |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Buttercup Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Celandine Close |