£334,460
This estimated value is based upon the latest sale price for the house of £73,500 on 18 Feb 1999. 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 |
|---|---|
| £73,500 | 18 Feb 1999 |
| Terraced |
| Freehold |
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 1999 the House Price Index for ESSEX was 32.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 355.049%.Applying this 355.049% change to the original purchase price of £73,500 results in an estimated price of approximately £334,460.
| 18 Feb 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 149.7 | 355.049 % | £73,500 | £260,960 | £334,460 |
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 | 368.054 % | £270,519 | £344,019 |
| 3 Month Average | 319.876 % | £235,109 | £308,609 |
| 6 Month Average | 316.295 % | £232,477 | £305,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £575,000 | £575,000 | 5 PORCHESTER ROAD |
| 25 Apr 2024 | £615,344 | £610,000 | 11 MONTPELIER CLOSE |
| 1 Dec 2023 | £361,096 | £350,000 | 29 MONTPELIER CLOSE |
| 10 Aug 2023 | £351,337 | £345,000 | 55 MONTPELIER CLOSE |
| 31 Mar 2023 | £279,671 | £275,000 | 8 ALLYSUM WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Montpelier Close | |
| Sep 2024 | Anti-social behaviour | On or near Montpelier Close | |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Wellington Mews |
| Jul 2024 | Anti-social behaviour | On or near Wellington Mews | |
| Jul 2024 | Anti-social behaviour | On or near Wellington Mews |