£304,490
This estimated value is based upon the latest sale price for the house of £59,995 on 8 Aug 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
7 Grange Parade, Grange Road, Billericay, CM11 2RF
Phone: 01277576926
| Price Paid | Date |
|---|---|
| £59,995 | 8 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 1997 the House Price Index for ESSEX was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £59,995 results in an estimated price of approximately £304,490.
| 8 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £59,995 | £244,495 | £304,490 |
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 | 402.037 % | £241,202 | £301,197 |
| 3 Month Average | 391.867 % | £235,100 | £295,095 |
| 6 Month Average | 421.712 % | £253,006 | £313,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £284,000 | £284,000 | 29 SALESBURY DRIVE |
| 30 Apr 2024 | £297,584 | £295,000 | 15 ASH GREEN |
| 10 Oct 2023 | £322,321 | £315,000 | 47 GREENWAY |
| 25 Aug 2023 | £310,602 | £305,000 | 69 SALESBURY DRIVE |
| 25 Aug 2023 | £362,030 | £355,500 | 61 GREENWAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 27 Jul 2020. Using an estimated price of £304,490 means this house is valued at £3,383 per sq meter (£314 per sq foot).
The average size of a house on ASH GREEN is 116 sq meters (1,255 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Harrods Court | |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Darell Way |