£566,538
This estimated value is based upon the latest sale price for the house of £415,000 on 12 Feb 2016. 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 |
---|---|
£415,000 | 12 Feb 2016 |
£325,000 | 27 Jun 2014 |
£135,000 | 26 Nov 1999 |
Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 February 2016 the House Price Index for ESSEX was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £415,000 results in an estimated price of approximately £566,538.
12 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 148.6 | 36.515 % | £415,000 | £151,538 | £566,538 |
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 | 36.631 % | £152,019 | £567,019 |
3 Month Average | 22.008 % | £91,334 | £506,334 |
6 Month Average | 27.207 % | £112,911 | £527,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £390,252 | £385,000 | 59 FRODEN BROOK |
25 Oct 2022 | £657,916 | £665,000 | 34 FRODEN BROOK |
9 Aug 2022 | £359,034 | £360,000 | 54 FRODEN BROOK |
4 Aug 2022 | £354,303 | £355,257 | 47 FRODEN BROOK |
29 Jul 2022 | £345,931 | £345,000 | 45 FRODEN BROOK |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Apr 2013. Using an estimated price of £566,538 means this house is valued at £6,511 per sq meter (£604 per sq foot).
The average size of a house on COOPERS DRIVE is 142 sq meters (1,538 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hammonds Lane |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Selworthy Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Selworthy Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Selworthy Close |
Feb 2024 | Other theft | Further action is not in the public interest | On or near Selworthy Close |