£701,307
This estimated value is based upon the latest sale price for the house of £465,000 on 21 Oct 2014. 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 Greenfields Close
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The Horseshoes, 137a High Street, Billericay, CM12 9AB
Phone: 01277576833
| Price Paid | Date |
|---|---|
| £465,000 | 21 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 October 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £465,000 results in an estimated price of approximately £701,307.
| 21 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £465,000 | £236,307 | £701,307 |
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 | -32.544 % | £-151,331 | £313,668 |
| 3 Month Average | 32.910 % | £153,029 | £618,029 |
| 6 Month Average | 41.797 % | £194,356 | £659,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £525,848 | £512,500 | 121 TYELANDS |
| 6 Oct 2023 | £465,574 | £455,000 | 109 TYELANDS |
| 25 Sep 2023 | £525,586 | £514,000 | 45 TYELANDS |
| 31 Aug 2023 | £366,612 | £360,000 | 74 SCRUB RISE |
| 15 Aug 2023 | £529,551 | £520,000 | 95 SCRUB RISE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 3 Dec 2012. Using an estimated price of £701,308 means this house is valued at £6,493 per sq meter (£603 per sq foot).
The average size of a house on SCRUB RISE is 131 sq meters (1,419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Under investigation | On or near Greenfields Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherrytrees |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archers Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bootham Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frithwood Close |