£478,402
This estimated value is based upon the latest sale price for the house of £480,000 on 25 Oct 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 |
---|---|
£480,000 | 25 Oct 2022 |
£246,500 | 31 Aug 2012 |
£122,500 | 17 Nov 2000 |
£64,995 | 27 Apr 1995 |
Semi-Detached |
Freehold |
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 October 2022 the House Price Index for ESSEX was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £480,000 results in an estimated price of approximately £478,402.
25 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 149.7 | -0.333 % | £480,000 | £-1,597 | £478,402 |
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 | -56.839 % | £-272,826 | £207,173 |
3 Month Average | -17.015 % | £-81,671 | £398,328 |
6 Month Average | -5.993 % | £-28,765 | £451,234 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £442,000 | £442,000 | 12 TRINITY ROAD |
27 Mar 2024 | £391,007 | £385,000 | 4 TRINITY ROAD |
1 Mar 2024 | £370,695 | £365,000 | 49 TRINITY ROAD |
30 Nov 2023 | £348,855 | £340,000 | 10 FRODEN COURT |
15 Aug 2023 | £524,459 | £515,000 | 7 TYRONE CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyrone Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Passingham Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Copperfield |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coopers Drive |
Sep 2024 | Theft from the person | Under investigation | On or near Haven Rise |