£735,447
This estimated value is based upon the latest sale price for the house of £595,000 on 4 Sep 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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125 High Street, Billericay, CM12 9AH
Phone: 01277298711
| Price Paid | Date |
|---|---|
| £595,000 | 4 Sep 2019 |
| £312,000 | 5 Feb 2016 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 September 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £595,000 results in an estimated price of approximately £735,447.
| 4 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £595,000 | £140,447 | £735,447 |
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 | 61.722 % | £367,245 | £962,245 |
| 3 Month Average | -4.592 % | £-27,319 | £567,680 |
| 6 Month Average | 4.993 % | £29,709 | £624,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £301,380 | £296,750 | 18 CARPENTER CLOSE |
| 26 Oct 2023 | £752,081 | £735,000 | 12 EARL MOUNTBATTEN DRIVE |
| 7 Sep 2023 | £416,685 | £407,500 | 15 CARPENTER CLOSE |
| 29 Aug 2023 | £519,367 | £510,000 | 15 ST HELENS WALK |
| 3 Aug 2023 | £499,000 | £490,000 | 251 MOUNTNESSING ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 22 Nov 2018. Using an estimated price of £735,448 means this house is valued at £5,657 per sq meter (£525 per sq foot).
The average size of a house on EARL MOUNTBATTEN DRIVE is 117 sq meters (1,267 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magenta Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magenta Close |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gordon Close |
| Oct 2024 | Burglary | Under investigation | On or near Gordon Close |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gordon Close |