£893,364
This estimated value is based upon the latest sale price for the house of £715,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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125 High Street, Billericay, CM12 9AH
Phone: 01277298711
| Price Paid | Date |
|---|---|
| £715,000 | 23 Feb 2018 |
| Detached |
| 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 2018 the House Price Index for ESSEX was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £715,000 results in an estimated price of approximately £893,364.
| 23 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £715,000 | £178,364 | £893,364 |
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 | -45.567 % | £-325,801 | £389,198 |
| 3 Month Average | -34.276 % | £-245,072 | £469,927 |
| 6 Month Average | -1.974 % | £-14,112 | £700,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £615,384 | £610,000 | 35 CHESTNUT AVENUE |
| 25 Jul 2023 | £787,600 | £777,000 | 16 WAKEFIELD AVENUE |
| 24 Mar 2023 | £643,058 | £637,000 | 8 SHANKLIN AVENUE |
| 24 Mar 2023 | £752,086 | £745,000 | 4 SHANKLIN AVENUE |
| 28 Feb 2023 | £634,573 | £635,000 | 7 WESTERN MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near St Mary'S Avenue | |
| Mar 2024 | Anti-social behaviour | On or near St Mary'S Avenue | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Western Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakefield Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakefield Avenue |