£757,012
This estimated value is based upon the latest sale price for the house of £445,000 on 15 Oct 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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7 Grange Parade, Grange Road, Billericay, CM11 2RF
Phone: 01277576926
Price Paid | Date |
---|---|
£445,000 | 15 Oct 2010 |
Detached |
Freehold |
Floor Area: 162 sq meters or 1,743 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 October 2010 the House Price Index for ESSEX was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £445,000 results in an estimated price of approximately £757,012.
15 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £445,000 | £312,012 | £757,012 |
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 | -15.292 % | £-68,050 | £376,949 |
3 Month Average | -9.818 % | £-43,691 | £401,308 |
6 Month Average | 39.326 % | £175,002 | £620,002 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £233,456 | £230,000 | 14 LANGHAM CRESCENT |
26 Jun 2023 | £468,171 | £462,500 | 15 LEAWAY |
9 Feb 2023 | £474,681 | £475,000 | 3 CRAYS VIEW |
16 Jan 2023 | £139,344 | £140,000 | 12A CRAYS VIEW |
13 May 2022 | £229,321 | £225,000 | 13 CRAYS VIEW |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 2 Sep 2021. Using an estimated price of £757,012 means this house is valued at £4,672 per sq meter (£434 per sq foot).
The average size of a house on LEAWAY is 222 sq meters (2,394 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Linkdale | |
Feb 2024 | Anti-social behaviour | On or near Linkdale | |
Mar 2024 | Public order | Under investigation | On or near Gatwick View |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Gatwick View |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Gatwick View |