£1,263,920
This estimated value is based upon the latest sale price for the house of £975,000 on 8 May 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 |
|---|---|
| £975,000 | 8 May 2017 |
| £234,500 | 22 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 220 sq meters or 2,368 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 May 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £975,000 results in an estimated price of approximately £1,263,920.
| 8 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £975,000 | £288,920 | £1,263,920 |
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 | 7.570 % | £73,810 | £1,048,810 |
| 3 Month Average | 4.301 % | £41,933 | £1,016,933 |
| 6 Month Average | 19.813 % | £193,173 | £1,168,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2022 | £954,463 | £950,000 | 27 HEADLEY ROAD |
| 12 Jul 2022 | £858,603 | £850,000 | 13A HEADLEY ROAD |
| 10 Jun 2022 | £980,969 | £960,000 | 21 HEADLEY ROAD |
| 9 Dec 2021 | £895,826 | £830,000 | 61 NORSEY ROAD |
| 30 Sep 2021 | £1,161,559 | £1,070,000 | 2A HORACE ROAD |
This house has a floor area of 220 sq meters or 2,368 sq feet when measured on 7 Jun 2016. Using an estimated price of £1,263,920 means this house is valued at £5,745 per sq meter (£533 per sq foot).
The average size of a house on HEADLEY ROAD is 203 sq meters (2,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Horace Road |
| Sep 2024 | Burglary | Under investigation | On or near Little Norsey Road |
| Oct 2024 | Anti-social behaviour | On or near Hillhouse Close | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillhouse Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Close |