£984,387
This estimated value is based upon the latest sale price for the house of £790,000 on 16 Aug 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8-10 High Street, Billericay, CM12 9BQ
Phone: 01277298601
| Price Paid | Date |
|---|---|
| £790,000 | 16 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £790,000 results in an estimated price of approximately £984,387.
| 16 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £790,000 | £194,387 | £984,387 |
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 | 15.244 % | £120,424 | £910,424 |
| 3 Month Average | 3.461 % | £27,343 | £817,343 |
| 6 Month Average | 2.877 % | £22,730 | £812,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £392,047 | £380,000 | 11 STOCK ROAD |
| 7 Mar 2023 | £305,095 | £300,000 | 21 RADFORD COURT |
| 11 Aug 2022 | £241,128 | £240,000 | FLAT 7 RADFORD HOUSE RADFORD WAY |
| 28 Jul 2022 | £11,111 | £11,000 | GARAGE RADFORD COURT |
| 14 Jul 2022 | £247,480 | £245,000 | FLAT 10 RADFORD HOUSE RADFORD WAY |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 11 May 2012. Using an estimated price of £984,388 means this house is valued at £6,932 per sq meter (£644 per sq foot).
The average size of a house on CROMWELL AVENUE is 139 sq meters (1,500 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Radford Court |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Cromwell Avenue |
| Aug 2024 | Anti-social behaviour | On or near Radstocks | |
| Aug 2024 | Burglary | Under investigation | On or near Radstocks |
| Aug 2024 | Anti-social behaviour | On or near Radstocks |