£383,964
This estimated value is based upon the latest sale price for the house of £223,000 on 23 Mar 2012. 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 |
|---|---|
| £223,000 | 23 Mar 2012 |
| £189,995 | 9 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 March 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £223,000 results in an estimated price of approximately £383,964.
| 23 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £223,000 | £160,964 | £383,964 |
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 | 106.600 % | £237,717 | £460,717 |
| 3 Month Average | 67.602 % | £150,751 | £373,751 |
| 6 Month Average | 77.936 % | £173,797 | £396,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £547,252 | £542,500 | 63 TRINITY ROAD |
| 15 Aug 2023 | £524,459 | £515,000 | 7 TYRONE CLOSE |
| 7 Jun 2023 | £382,669 | £375,000 | 14 TYRONE CLOSE |
| 21 Apr 2023 | £412,720 | £405,000 | 5 TRINITY CLOSE |
| 25 Oct 2022 | £478,402 | £480,000 | 18 TYRONE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 2 Nov 2011. Using an estimated price of £383,965 means this house is valued at £6,192 per sq meter (£575 per sq foot).
The average size of a house on TYRONE CLOSE is 107 sq meters (1,154 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyrone Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Copperfield |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Passingham Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coopers Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hammonds Lane |