£1,171,026
This estimated value is based upon the latest sale price for the house of £938,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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125 High Street, Billericay, CM12 9AH
Phone: 01277298711
| Price Paid | Date |
|---|---|
| £938,000 | 27 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 July 2018 the House Price Index for ESSEX was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £938,000 results in an estimated price of approximately £1,171,026.
| 27 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £938,000 | £233,026 | £1,171,026 |
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 | 13.701 % | £128,519 | £1,066,519 |
| 3 Month Average | -5.195 % | £-48,727 | £889,272 |
| 6 Month Average | 1.799 % | £16,870 | £954,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £621,204 | £610,000 | 35 CHESTNUT AVENUE |
| 10 Aug 2023 | £990,362 | £972,500 | 27 CHESTNUT AVENUE |
| 24 Mar 2023 | £757,653 | £745,000 | 4 SHANKLIN AVENUE |
| 24 Mar 2023 | £647,819 | £637,000 | 8 SHANKLIN AVENUE |
| 20 Jan 2023 | £300,804 | £300,000 | 70 WESTERN ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 22 Mar 2018. Using an estimated price of £1,171,026 means this house is valued at £12,072 per sq meter (£1,121 per sq foot).
The average size of a house on WAKEFIELD AVENUE is 137 sq meters (1,480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near St Mary'S Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wakefield Avenue |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Wakefield Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Road |