£561,693
This estimated value is based upon the latest sale price for the house of £465,000 on 7 Aug 2020. 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 |
|---|---|
| £465,000 | 7 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 August 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £465,000 results in an estimated price of approximately £561,693.
| 7 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £465,000 | £96,693 | £561,693 |
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 | 41.275 % | £191,928 | £656,928 |
| 3 Month Average | 23.512 % | £109,331 | £574,331 |
| 6 Month Average | 12.316 % | £57,268 | £522,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £390,106 | £387,500 | 1 CAVELL ROAD |
| 12 Aug 2022 | £482,255 | £480,000 | 20 THE RISING |
| 5 Aug 2022 | £626,429 | £623,500 | 17 THE MEADOW WAY |
| 28 Jun 2022 | £444,502 | £435,000 | 43 THE RISING |
| 22 Apr 2022 | £529,085 | £510,000 | 11A THE RISING |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 23 Apr 2020. Using an estimated price of £561,693 means this house is valued at £6,105 per sq meter (£567 per sq foot).
The average size of a house on THE RISING is 114 sq meters (1,233 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beverley Rise |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beverley Rise |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beverley Rise |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavell Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mons Avenue |