£721,928
This estimated value is based upon the latest sale price for the house of £720,000 on 5 Jan 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Gordon Close
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125 High Street, Billericay, CM12 9AH
Phone: 01277298711
Price Paid | Date |
---|---|
£720,000 | 5 Jan 2023 |
£365,000 | 10 Dec 2004 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 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 2023 the House Price Index for ESSEX was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £720,000 results in an estimated price of approximately £721,928.
5 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £720,000 | £1,928 | £721,928 |
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 | 6.737 % | £48,509 | £768,509 |
3 Month Average | -6.484 % | £-46,682 | £673,317 |
6 Month Average | 0.977 % | £7,034 | £727,034 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £301,380 | £296,750 | 18 CARPENTER CLOSE |
26 Oct 2023 | £752,081 | £735,000 | 12 EARL MOUNTBATTEN DRIVE |
7 Sep 2023 | £416,685 | £407,500 | 15 CARPENTER CLOSE |
29 Aug 2023 | £519,367 | £510,000 | 15 ST HELENS WALK |
3 Aug 2023 | £499,000 | £490,000 | 251 MOUNTNESSING ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 7 Sep 2020. Using an estimated price of £721,929 means this house is valued at £5,729 per sq meter (£532 per sq foot).
The average size of a house on EARL MOUNTBATTEN DRIVE is 117 sq meters (1,267 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Gordon Close |
Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gordon Close |
Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gordon Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Gordon Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Close |