£400,858
This estimated value is based upon the latest sale price for the house of £120,000 on 20 Aug 2001. 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 |
|---|---|
| £120,000 | 20 Aug 2001 |
| £82,000 | 13 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 August 2001 the House Price Index for ESSEX was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £120,000 results in an estimated price of approximately £400,858.
| 20 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 149.7 | 234.049 % | £120,000 | £280,858 | £400,858 |
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 | 245.715 % | £294,857 | £414,857 |
| 3 Month Average | 179.098 % | £214,918 | £334,918 |
| 6 Month Average | 196.734 % | £236,080 | £356,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £381,176 | £371,500 | 15 GLOUCESTER PLACE |
| 29 Nov 2023 | £410,418 | £400,000 | 3 GLOUCESTER PLACE |
| 17 Jan 2023 | £381,018 | £380,000 | 1 BROMPTON CLOSE |
| 29 Jul 2022 | £378,796 | £375,000 | 4 GLOUCESTER PLACE |
| 31 Mar 2022 | £399,304 | £382,500 | 4 PEMBROKE CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 10 Oct 2012. Using an estimated price of £400,858 means this house is valued at £7,158 per sq meter (£665 per sq foot).
The average size of a house on BROMPTON CLOSE is 45 sq meters (493 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Local resolution | On or near Trafalgar Way |
| Oct 2024 | Anti-social behaviour | On or near Mill Hill Drive | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Montague Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Perry Street |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Perry Street |