£734,909
This estimated value is based upon the latest sale price for the house of £730,000 on 10 Feb 2023. 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 |
|---|---|
| £730,000 | 10 Feb 2023 |
| £134,500 | 7 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 February 2023 the House Price Index for ESSEX was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £730,000 results in an estimated price of approximately £734,909.
| 10 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £730,000 | £4,909 | £734,909 |
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 | -11.586 % | £-84,574 | £645,425 |
| 3 Month Average | -1.594 % | £-11,633 | £718,366 |
| 6 Month Average | -9.072 % | £-66,223 | £663,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £438,811 | £435,000 | 15 HOMEFIELD CLOSE |
| 3 Nov 2023 | £374,506 | £365,000 | 9 ANTHONY CLOSE |
| 10 Aug 2023 | £257,647 | £253,000 | FLAT 5 TYRRELLS MEWS TYRRELLS ROAD |
| 28 Apr 2023 | £428,005 | £420,000 | 7 STOCKWELL CLOSE |
| 10 Feb 2023 | £734,909 | £730,000 | 12 MILL ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 25 Sep 2017. Using an estimated price of £734,909 means this house is valued at £4,710 per sq meter (£437 per sq foot).
The average size of a house on MILL ROAD is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Theft from the person | Unable to prosecute suspect | On or near Homefield Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Anthony Close |
| Sep 2024 | Burglary | Under investigation | On or near Post Meadow |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Post Meadow |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Southend Road |