£429,301
This estimated value is based upon the latest sale price for the house of £425,000 on 1 Jul 2022. 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 |
|---|---|
| £425,000 | 1 Jul 2022 |
| £88,000 | 26 Nov 1998 |
| £88,000 | 26 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2022 the House Price Index for ESSEX was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £425,000 results in an estimated price of approximately £429,301.
| 1 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £425,000 | £4,301 | £429,301 |
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 | 27.573 % | £117,187 | £542,187 |
| 3 Month Average | -9.932 % | £-42,212 | £382,787 |
| 6 Month Average | 1.909 % | £8,113 | £433,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2024 | £316,000 | £316,000 | 55 STONECHAT ROAD |
| 12 Apr 2024 | £368,197 | £365,000 | 32 BEAMS WAY |
| 29 Sep 2023 | £557,285 | £545,000 | 25 STONECHAT ROAD |
| 11 Aug 2023 | £351,337 | £345,000 | 61 BEAMS WAY |
| 20 Jun 2023 | £479,611 | £470,000 | 15 NUTHATCH CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 4 Mar 2014. Using an estimated price of £429,302 means this house is valued at £5,050 per sq meter (£469 per sq foot).
The average size of a house on FIELDFARE is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Under investigation | On or near Beams Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beams Close |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Beams Way |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Beams Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beams Way |