£396,694
This estimated value is based upon the latest sale price for the house of £380,000 on 2 Mar 2022. 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 |
|---|---|
| £380,000 | 2 Mar 2022 |
| £275,000 | 3 Jun 2011 |
| £240,000 | 14 Nov 2007 |
| £176,000 | 17 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £380,000 results in an estimated price of approximately £396,694.
| 2 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £380,000 | £16,694 | £396,694 |
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 | 39.574 % | £150,379 | £530,379 |
| 3 Month Average | -14.883 % | £-56,554 | £323,445 |
| 6 Month Average | -5.539 % | £-21,046 | £358,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £302,628 | £300,000 | 16 BURSTEAD DRIVE |
| 13 Sep 2023 | £511,271 | £500,000 | 7 KEVIN CLOSE |
| 12 Jun 2023 | £341,851 | £335,000 | 10 BURSTEAD DRIVE |
| 9 Jun 2023 | £387,771 | £380,000 | 36 KINGS WAY |
| 12 Jan 2023 | £922,465 | £920,000 | KENDRA SOUTHEND ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 7 Jun 2021. Using an estimated price of £396,695 means this house is valued at £5,085 per sq meter (£472 per sq foot).
The average size of a house on THE REDINGE is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sebert Close |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near The Redinge |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Redinge |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Redinge |
| Jun 2024 | Vehicle crime | Under investigation | On or near The Redinge |