£604,228
This estimated value is based upon the latest sale price for the house of £459,000 on 30 Jan 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Horseshoes, 137a High Street, Billericay, CM12 9AB
Phone: 01277576833
| Price Paid | Date |
|---|---|
| £459,000 | 30 Jan 2017 |
| £459,000 | 30 Jan 2017 |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 January 2017 the House Price Index for ESSEX was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £459,000 results in an estimated price of approximately £604,228.
| 30 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £459,000 | £145,228 | £604,228 |
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 | -45.407 % | £-208,418 | £250,581 |
| 3 Month Average | 5.236 % | £24,030 | £483,030 |
| 6 Month Average | 5.245 % | £24,072 | £483,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £366,612 | £360,000 | 74 SCRUB RISE |
| 5 Apr 2023 | £578,826 | £568,000 | 25 SCRUB RISE |
| 23 Jan 2023 | £651,741 | £650,000 | 28 SCRUB RISE |
| 12 Oct 2022 | £558,136 | £560,000 | 47 SCRUB RISE |
| 24 Aug 2022 | £753,523 | £750,000 | 54 SCRUB RISE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 14 Mar 2016. Using an estimated price of £604,229 means this house is valued at £5,543 per sq meter (£514 per sq foot).
The average size of a house on SCRUB RISE is 132 sq meters (1,425 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherrytrees |
| Aug 2024 | Burglary | Under investigation | On or near Greenfields Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Frithwood Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Frithwood Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Frithwood Close |