£1,078,905
This estimated value is based upon the latest sale price for the house of £867,000 on 12 Feb 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8-10 High Street, Billericay, CM12 9BQ
Phone: 01277298601
| Price Paid | Date |
|---|---|
| £867,000 | 12 Feb 2019 |
| £305,000 | 11 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 217 sq meters or 2,335 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £867,000 results in an estimated price of approximately £1,078,905.
| 12 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £867,000 | £211,905 | £1,078,905 |
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 | -3.689 % | £-31,986 | £835,013 |
| 3 Month Average | 0.895 % | £7,762 | £874,762 |
| 6 Month Average | 6.657 % | £57,719 | £924,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £392,047 | £380,000 | 11 STOCK ROAD |
| 29 Apr 2022 | £290,478 | £280,000 | FLAT 17 RADSTOCKS STOCK ROAD |
| 22 Apr 2022 | £363,098 | £350,000 | LANGTHORNES STOCK ROAD |
| 4 Feb 2022 | £507,099 | £480,000 | 10 GREY LADY PLACE |
| 21 Dec 2021 | £270,906 | £251,000 | FLAT 13 LANGTHORNES STOCK ROAD |
This house has a floor area of 217 sq meters or 2,335 sq feet when measured on 31 Jan 2018. Using an estimated price of £1,078,905 means this house is valued at £4,971 per sq meter (£461 per sq foot).
The average size of a house on STOCK ROAD is 136 sq meters (1,472 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Dawson Mews | |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Dawson Mews |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dawson Mews |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dawson Mews |
| Aug 2024 | Anti-social behaviour | On or near Radstocks |