£478,482
This estimated value is based upon the latest sale price for the house of £149,995 on 16 Dec 2001. 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 |
|---|---|
| £149,995 | 16 Dec 2001 |
| Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2001 the House Price Index for ESSEX was 46.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 218.999%.Applying this 218.999% change to the original purchase price of £149,995 results in an estimated price of approximately £478,482.
| 16 Dec 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 149.7 | 218.999 % | £149,995 | £328,487 | £478,482 |
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 | 230.300 % | £345,438 | £495,433 |
| 3 Month Average | 201.748 % | £302,612 | £452,607 |
| 6 Month Average | 210.063 % | £315,084 | £465,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £374,506 | £365,000 | 9 ANTHONY CLOSE |
| 10 Aug 2023 | £257,647 | £253,000 | FLAT 5 TYRRELLS MEWS TYRRELLS ROAD |
| 28 Apr 2023 | £428,005 | £420,000 | 7 STOCKWELL CLOSE |
| 10 Feb 2023 | £734,909 | £730,000 | 12 MILL ROAD |
| 9 Feb 2023 | £442,959 | £440,000 | 4 ANTHONY CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 22 Dec 2014. Using an estimated price of £478,483 means this house is valued at £8,860 per sq meter (£823 per sq foot).
The average size of a house on THE REDINGE is 72 sq meters (776 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stockwell Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stockwell Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stockwell Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near The Redinge |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near The Redinge |