£592,771
This estimated value is based upon the latest sale price for the house of £590,000 on 26 Aug 2022. 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 |
|---|---|
| £590,000 | 26 Aug 2022 |
| £325,000 | 15 Apr 2013 |
| £287,500 | 8 Aug 2006 |
| £206,500 | 20 Feb 2002 |
| £129,000 | 30 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £590,000 results in an estimated price of approximately £592,771.
| 26 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £590,000 | £2,771 | £592,771 |
The Postcode Pricing Model uses changes in average sales price within the CM11 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 | -19.003 % | £-112,116 | £477,883 |
| 3 Month Average | 0.411 % | £2,425 | £592,425 |
| 6 Month Average | 7.745 % | £45,692 | £635,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £550,000 | £550,000 | 16 BUNTING LANE |
| 28 Nov 2023 | £677,190 | £660,000 | 6 BUNTING LANE |
| 22 Nov 2023 | £538,674 | £525,000 | 20 BUNTING LANE |
| 8 Sep 2023 | £283,755 | £277,500 | 19 SKYLARK CLOSE |
| 27 Jan 2023 | £335,898 | £335,000 | 21 BUNTING LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 May 2012. Using an estimated price of £592,772 means this house is valued at £7,141 per sq meter (£663 per sq foot).
The average size of a house on SKYLARK CLOSE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Skylark Close |
| Oct 2024 | Drugs | Under investigation | On or near Charfinch Crescent |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavell Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beverley Rise |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beverley Rise |