£822,093
This estimated value is based upon the latest sale price for the house of £580,000 on 30 Oct 2015. 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 |
|---|---|
| £580,000 | 30 Oct 2015 |
| £412,500 | 1 Dec 2005 |
| £370,000 | 13 Jun 2003 |
| £175,000 | 16 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2015 the House Price Index for ESSEX was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £580,000 results in an estimated price of approximately £822,093.
| 30 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £580,000 | £242,093 | £822,093 |
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 | -37.003 % | £-214,615 | £365,384 |
| 3 Month Average | 24.630 % | £142,852 | £722,852 |
| 6 Month Average | 29.751 % | £172,553 | £752,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 8 Apr 2022 | £648,389 | £625,000 | 69 SCRUB RISE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 2 Oct 2014. Using an estimated price of £822,094 means this house is valued at £6,908 per sq meter (£641 per sq foot).
The average size of a house on SCRUB RISE is 131 sq meters (1,419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherrytrees |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frithwood Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | 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 |