£990,362
This estimated value is based upon the latest sale price for the house of £972,500 on 10 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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125 High Street, Billericay, CM12 9AH
Phone: 01277298711
Price Paid | Date |
---|---|
£972,500 | 10 Aug 2023 |
£685,000 | 29 Jun 2015 |
£350,000 | 7 Nov 2002 |
Detached |
Freehold |
Floor Area: 201 sq meters or 2,163 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 2023 the House Price Index for ESSEX was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £972,500 results in an estimated price of approximately £990,362.
10 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £972,500 | £17,862 | £990,362 |
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 | 14.085 % | £136,978 | £1,109,478 |
3 Month Average | -2.613 % | £-25,415 | £947,084 |
6 Month Average | 2.666 % | £25,924 | £998,424 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £439,693 | £430,000 | 26 TENSING GARDENS |
15 Aug 2023 | £621,204 | £610,000 | 35 CHESTNUT AVENUE |
10 Aug 2023 | £990,362 | £972,500 | 27 CHESTNUT AVENUE |
24 Mar 2023 | £757,653 | £745,000 | 4 SHANKLIN AVENUE |
24 Mar 2023 | £647,819 | £637,000 | 8 SHANKLIN AVENUE |
This house has a floor area of 201 sq meters or 2,163 sq feet when measured on 28 Jan 2015. Using an estimated price of £990,362 means this house is valued at £4,927 per sq meter (£457 per sq foot).
The average size of a house on CHESTNUT AVENUE is 140 sq meters (1,507 sq feet).
This house is the largest in the street with a floor area of 201 sq meters (2,163 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lion Lane |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Lion Lane |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Edith'S Court |
Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near St Ediths Lane |
Sep 2024 | Theft from the person | Under investigation | On or near St Ediths Lane |