£560,348
This estimated value is based upon the latest sale price for the house of £325,000 on 14 Dec 2010. 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 |
|---|---|
| £325,000 | 14 Dec 2010 |
| £248,500 | 30 Jan 2003 |
| £115,000 | 12 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 59 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 2010 the House Price Index for ESSEX was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £325,000 results in an estimated price of approximately £560,348.
| 14 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £325,000 | £235,348 | £560,348 |
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 | 77.014 % | £250,294 | £575,294 |
| 3 Month Average | 58.245 % | £189,294 | £514,294 |
| 6 Month Average | 55.014 % | £178,795 | £503,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £432,806 | £425,000 | 6 WEST PARK CRESCENT |
| 28 Apr 2023 | £593,603 | £582,500 | 45 CROMWELL AVENUE |
| 7 Mar 2023 | £305,095 | £300,000 | 21 RADFORD COURT |
| 13 May 2022 | £292,623 | £285,000 | 42 RADFORD COURT |
| 30 Mar 2022 | £297,521 | £285,000 | 11 RADFORD COURT |
This house has a floor area of 59 sq meters or 645 sq feet when measured on 23 Dec 2008. Using an estimated price of £560,349 means this house is valued at £9,345 per sq meter (£868 per sq foot).
The average size of a house on CROMWELL AVENUE is 139 sq meters (1,500 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area |