£404,237
This estimated value is based upon the latest sale price for the house of £174,000 on 4 Jul 2003. 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 |
---|---|
£174,000 | 4 Jul 2003 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 July 2003 the House Price Index for ESSEX was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £174,000 results in an estimated price of approximately £404,237.
4 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.0 | 148.6 | 132.320 % | £174,000 | £230,237 | £404,237 |
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 | 50.586 % | £88,020 | £262,020 |
3 Month Average | 86.608 % | £150,698 | £324,698 |
6 Month Average | 120.074 % | £208,927 | £382,927 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £402,034 | £395,000 | 1 JACKDAW CLOSE |
2 Nov 2023 | £421,236 | £415,000 | 15 JACKDAW CLOSE |
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 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Jul 2017. Using an estimated price of £404,238 means this house is valued at £5,389 per sq meter (£500 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 |