£760,930
This estimated value is based upon the latest sale price for the house of £485,000 on 23 Aug 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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7 Grange Parade, Grange Road, Billericay, CM11 2RF
Phone: 01277576926
Price Paid | Date |
---|---|
£485,000 | 23 Aug 2007 |
Detached |
Freehold |
Floor Area: 251 sq meters or 2,701 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 August 2007 the House Price Index for ESSEX was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £485,000 results in an estimated price of approximately £760,930.
23 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £485,000 | £275,930 | £760,930 |
The Postcode Pricing Model uses changes in average sales price within the CM11 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 | 17.736 % | £86,017 | £571,017 |
3 Month Average | 26.787 % | £129,915 | £614,915 |
6 Month Average | 70.344 % | £341,170 | £826,170 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £483,459 | £475,000 | 26 HIGHFIELD ROAD |
21 Nov 2023 | £332,421 | £327,500 | 12 OUTWOOD COMMON ROAD |
29 Aug 2023 | £166,456 | £165,000 | 20 ALLINGTON COURT |
16 Aug 2023 | £176,544 | £175,000 | 22 ALLINGTON COURT |
6 Jan 2023 | £248,828 | £250,000 | 23 ALLINGTON COURT |
This house has a floor area of 251 sq meters or 2,701 sq feet when measured on 9 May 2012. Using an estimated price of £760,931 means this house is valued at £3,031 per sq meter (£281 per sq foot).
The average size of a house on OUTWOOD COMMON ROAD is 109 sq meters (1,182 sq feet).
This house is the largest in the street with a floor area of 251 sq meters (2,701 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Local resolution | On or near Petrol Station |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
Mar 2024 | Drugs | Awaiting court outcome | On or near Paddock Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paddock Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paddock Close |