£375,630
This estimated value is based upon the latest sale price for the house of £249,995 on 19 Dec 2014. 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 |
|---|---|
| £249,995 | 19 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2014 the House Price Index for ESSEX was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £249,995 results in an estimated price of approximately £375,630.
| 19 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £249,995 | £125,635 | £375,630 |
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 | 50.316 % | £125,787 | £375,782 |
| 3 Month Average | 45.029 % | £112,570 | £362,565 |
| 6 Month Average | 60.695 % | £151,735 | £401,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £374,506 | £365,000 | 9 ANTHONY CLOSE |
| 9 Jun 2023 | £387,771 | £380,000 | 36 KINGS WAY |
| 28 Apr 2023 | £428,005 | £420,000 | 7 STOCKWELL CLOSE |
| 9 Feb 2023 | £442,959 | £440,000 | 4 ANTHONY CLOSE |
| 2 Mar 2022 | £396,695 | £380,000 | 14 THE REDINGE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 4 Apr 2014. Using an estimated price of £375,631 means this house is valued at £6,260 per sq meter (£581 per sq foot).
The average size of a house on THE REDINGE is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near The Redinge |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Redinge |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Redinge |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near The Redinge |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sebert Close |