£611,424
This estimated value is based upon the latest sale price for the house of £485,000 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
7 Grange Parade, Grange Road, Billericay, CM11 2RF
Phone: 01277576926
Price Paid | Date |
---|---|
£485,000 | 24 Nov 2017 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 November 2017 the House Price Index for ESSEX was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £485,000 results in an estimated price of approximately £611,424.
24 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £485,000 | £126,424 | £611,424 |
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 | -10.393 % | £-50,407 | £434,592 |
3 Month Average | -2.878 % | £-13,960 | £471,039 |
6 Month Average | 11.339 % | £54,992 | £539,992 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £374,792 | £370,000 | 3 REDWING DRIVE |
20 Jun 2023 | £475,763 | £470,000 | 15 NUTHATCH CLOSE |
10 Mar 2023 | £368,471 | £365,000 | 15 THE SWALLOWS |
9 Aug 2022 | £518,604 | £520,000 | 52 STONECHAT ROAD |
3 Aug 2022 | £359,034 | £360,000 | 21 THE SWALLOWS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 25 May 2017. Using an estimated price of £611,424 means this house is valued at £5,459 per sq meter (£507 per sq foot).
The average size of a house on STONECHAT ROAD is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Redwing Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Redwing Drive |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Beams Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Beams Close |
Mar 2024 | Drugs | Awaiting court outcome | On or near Paddock Close |