£161,213
This estimated value is based upon the latest sale price for the house of £124,000 on 17 Feb 2017. 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 |
---|---|
£124,000 | 17 Feb 2017 |
£90,000 | 12 Sep 2006 |
£31,000 | 25 Feb 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 25 sq meters or 269 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 February 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £124,000 results in an estimated price of approximately £161,213.
17 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £124,000 | £37,213 | £161,213 |
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 | -5.536 % | £-6,864 | £117,135 |
3 Month Average | -13.342 % | £-16,544 | £107,455 |
6 Month Average | -4.362 % | £-5,408 | £118,591 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £208,668 | £206,000 | 47 MARLBOROUGH WAY |
24 Aug 2023 | £337,957 | £335,000 | 19 BRANDON CLOSE |
8 Jun 2023 | £359,353 | £355,000 | 117 MARLBOROUGH WAY |
31 Mar 2023 | £378,567 | £375,000 | 42 MARLBOROUGH WAY |
31 Mar 2023 | £625,897 | £620,000 | 6 PAGET DRIVE |
This house has a floor area of 25 sq meters or 269 sq feet when measured on 4 Oct 2016. Using an estimated price of £161,214 means this house is valued at £6,448 per sq meter (£599 per sq foot).
The average size of a house on MARLBOROUGH WAY is 55 sq meters (596 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Connaught Way |
Feb 2024 | Robbery | Under investigation | On or near Brandon Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Brompton Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Brompton Close |
Mar 2024 | Anti-social behaviour | On or near Dorchester Road |