£253,685
This estimated value is based upon the latest sale price for the house of £48,750 on 16 May 1997. 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 |
|---|---|
| £48,750 | 16 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 May 1997 the House Price Index for ESSEX was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £48,750 results in an estimated price of approximately £253,685.
| 16 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £48,750 | £204,935 | £253,685 |
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 | 502.884 % | £245,155 | £293,905 |
| 3 Month Average | 384.122 % | £187,259 | £236,009 |
| 6 Month Average | 404.102 % | £196,999 | £245,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2022 | £590,381 | £575,000 | 3 MONTAGUE WAY |
| 28 Jan 2022 | £559,255 | £527,500 | 18 MONTAGUE WAY |
| 10 Dec 2021 | £526,163 | £487,500 | 2 OVINGTON GARDENS |
| 2 Nov 2021 | £557,834 | £512,000 | 5 ST PAULS GARDENS |
| 29 Sep 2021 | £251,852 | £232,000 | 10 MONTAGUE WAY |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 26 Nov 2014. Using an estimated price of £253,686 means this house is valued at £5,514 per sq meter (£512 per sq foot).
The average size of a house on MONTAGUE WAY is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Montague Way |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |