£784,089
This estimated value is based upon the latest sale price for the house of £457,000 on 14 Aug 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Horseshoes, 137a High Street, Billericay, CM12 9AB
Phone: 01277576833
Price Paid | Date |
---|---|
£457,000 | 14 Aug 2012 |
£177,995 | 30 Sep 1996 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,211 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 August 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £457,000 results in an estimated price of approximately £784,089.
14 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.573 % | £457,000 | £327,089 | £784,089 |
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 | 90.328 % | £412,798 | £869,798 |
3 Month Average | 59.044 % | £269,830 | £726,830 |
6 Month Average | 62.958 % | £287,719 | £744,719 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Apr 2024 | £1,210,512 | £1,200,000 | LE CHALET LONDON ROAD |
22 Aug 2022 | £522,443 | £520,000 | 19 ABBEY ROAD |
26 Apr 2022 | £721,008 | £695,000 | 8 ABBEY ROAD |
15 Mar 2022 | £621,140 | £595,000 | 3 CHERRY TREES |
30 Sep 2021 | £868,455 | £800,000 | 4 WESTERN VIEW |
This house has a floor area of 112 sq meters or 1,211 sq feet when measured on 10 Aug 2011. Using an estimated price of £784,089 means this house is valued at £6,964 per sq meter (£647 per sq foot).
The average size of a house on TYE COMMON ROAD is 124 sq meters (1,335 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Heath Close |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Heath Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Bootham Road |
Aug 2024 | Violence and sexual offences | Local resolution | On or near Sports/Recreation Area |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near London Road |