£548,398
This estimated value is based upon the latest sale price for the house of £318,500 on 27 Mar 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Holbrook Close
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7 Grange Parade, Grange Road, Billericay, CM11 2RF
Phone: 01277576926
Price Paid | Date |
---|---|
£318,500 | 27 Mar 2012 |
£330,000 | 29 Jun 2007 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,560 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 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £318,500 results in an estimated price of approximately £548,398.
27 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £318,500 | £229,898 | £548,398 |
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 | 106.600 % | £339,520 | £658,020 |
3 Month Average | 67.602 % | £215,310 | £533,810 |
6 Month Average | 77.936 % | £248,226 | £566,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £369,376 | £360,000 | 107 SALESBURY DRIVE |
5 Oct 2023 | £353,018 | £345,000 | 162 SALESBURY DRIVE |
25 Aug 2023 | £246,954 | £242,500 | FLAT 12 FLETCHER COURT SALESBURY DRIVE |
1 Feb 2023 | £251,681 | £250,000 | FLAT 10 FLETCHER COURT SALESBURY DRIVE |
13 Jan 2023 | £451,206 | £450,000 | 380 OUTWOOD COMMON ROAD |
This house has a floor area of 144 sq meters or 1,560 sq feet when measured on 3 Feb 2011. Using an estimated price of £548,398 means this house is valued at £3,783 per sq meter (£351 per sq foot).
The average size of a house on GLENSIDE is 144 sq meters (1,550 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holbrook Close |
Sep 2024 | Burglary | Under investigation | On or near Holbrook Close |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whiteways |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Whiteways |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Salesbury Drive |