£357,645
This estimated value is based upon the latest sale price for the house of £350,000 on 14 Jun 2022. 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 |
|---|---|
| £350,000 | 14 Jun 2022 |
| £120,000 | 12 Dec 2014 |
| £185,000 | 30 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 June 2022 the House Price Index for ESSEX was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £350,000 results in an estimated price of approximately £357,645.
| 14 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £350,000 | £7,645 | £357,645 |
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 | -12.361 % | £-43,262 | £306,737 |
| 3 Month Average | -4.176 % | £-14,616 | £335,383 |
| 6 Month Average | 3.589 % | £12,562 | £362,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £521,010 | £505,000 | 15 HIGH CLOISTER |
| 1 Nov 2022 | £348,371 | £350,000 | 6 NORSEY ROAD |
| 26 Aug 2022 | £577,701 | £575,000 | 4 WEST CLOISTER |
| 5 Aug 2022 | £360,687 | £359,000 | 11 ALEXANDER MEWS |
| 29 Jul 2022 | £429,302 | £425,000 | 9 MIDDLE CLOISTER |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 25 Feb 2017. Using an estimated price of £357,645 means this house is valued at £7,012 per sq meter (£651 per sq foot).
The average size of a house on CROWN ROAD is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Local resolution | On or near Crown Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near West Cloister |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Cloister |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Cloister |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Cloister |