£448,019
This estimated value is based upon the latest sale price for the house of £360,000 on 25 Jan 2019. 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 |
|---|---|
| £360,000 | 25 Jan 2019 |
| £205,000 | 23 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £360,000 results in an estimated price of approximately £448,019.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £360,000 | £88,019 | £448,019 |
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 | 11.314 % | £40,730 | £400,730 |
| 3 Month Average | 0.626 % | £2,252 | £362,252 |
| 6 Month Average | 11.561 % | £41,619 | £401,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £547,252 | £542,500 | 63 TRINITY ROAD |
| 15 Aug 2023 | £524,459 | £515,000 | 7 TYRONE CLOSE |
| 7 Jun 2023 | £382,669 | £375,000 | 14 TYRONE CLOSE |
| 21 Apr 2023 | £412,720 | £405,000 | 5 TRINITY CLOSE |
| 12 Jan 2023 | £541,447 | £540,000 | 103 KENNEL LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 6 Aug 2017. Using an estimated price of £448,020 means this house is valued at £5,091 per sq meter (£472 per sq foot).
The average size of a house on TYRONE CLOSE is 107 sq meters (1,154 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyrone Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coopers Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Passingham Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Copperfield |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hammonds Lane |