£280,620
This estimated value is based upon the latest sale price for the house of £260,000 on 8 Dec 2021. 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 |
|---|---|
| £260,000 | 8 Dec 2021 |
| £132,500 | 14 Jun 2002 |
| £70,000 | 19 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £260,000 results in an estimated price of approximately £280,620.
| 8 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £260,000 | £20,620 | £280,620 |
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 | 39.730 % | £103,297 | £363,297 |
| 3 Month Average | -6.258 % | £-16,269 | £243,730 |
| 6 Month Average | 1.006 % | £2,614 | £262,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £407,522 | £395,000 | 1 JACKDAW CLOSE |
| 2 Nov 2023 | £425,809 | £415,000 | 15 JACKDAW CLOSE |
| 22 Sep 2023 | £378,340 | £370,000 | 3 REDWING DRIVE |
| 20 Jun 2023 | £479,611 | £470,000 | 15 NUTHATCH CLOSE |
| 10 Mar 2023 | £371,199 | £365,000 | 15 THE SWALLOWS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 29 Oct 2021. Using an estimated price of £280,620 means this house is valued at £4,188 per sq meter (£389 per sq foot).
The average size of a house on STONECHAT ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Beams Way |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Beams Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beams Way |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Beams Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beams Way |