£426,353
This estimated value is based upon the latest sale price for the house of £350,000 on 2 Jul 2020. 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 |
|---|---|
| £350,000 | 2 Jul 2020 |
| £244,500 | 11 Jun 2015 |
| £184,500 | 2 Jun 2005 |
| £160,000 | 28 Oct 2003 |
| £96,995 | 17 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £350,000 results in an estimated price of approximately £426,353.
| 2 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £350,000 | £76,353 | £426,353 |
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 | 49.968 % | £174,888 | £524,888 |
| 3 Month Average | 13.448 % | £47,068 | £397,068 |
| 6 Month Average | 16.154 % | £56,537 | £406,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £550,000 | £550,000 | 16 BUNTING LANE |
| 28 Nov 2023 | £677,190 | £660,000 | 6 BUNTING LANE |
| 22 Nov 2023 | £538,674 | £525,000 | 20 BUNTING LANE |
| 8 Sep 2023 | £283,755 | £277,500 | 19 SKYLARK CLOSE |
| 27 Jan 2023 | £335,898 | £335,000 | 21 BUNTING LANE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 17 Mar 2020. Using an estimated price of £426,354 means this house is valued at £7,751 per sq meter (£720 per sq foot).
The average size of a house on BUNTING LANE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Skylark Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavell Road |
| Oct 2024 | Drugs | Under investigation | On or near Charfinch Crescent |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Chase |
| Oct 2024 | Public order | Under investigation | On or near High Meadow |