£565,083
This estimated value is based upon the latest sale price for the house of £420,000 on 23 Jun 2016. 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 |
|---|---|
| £420,000 | 23 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 857 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 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £420,000 results in an estimated price of approximately £565,083.
| 23 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £420,000 | £145,083 | £565,083 |
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 | 7.073 % | £29,706 | £449,706 |
| 3 Month Average | 28.243 % | £118,620 | £538,620 |
| 6 Month Average | 26.562 % | £111,560 | £531,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £521,500 | £521,500 | 42 SOUTH RIDGE |
| 8 Sep 2023 | £283,755 | £277,500 | 19 SKYLARK CLOSE |
| 30 Jun 2023 | £484,714 | £475,000 | 65 SOUTH RIDGE |
| 23 Aug 2022 | £401,879 | £400,000 | 3 THE CHASE |
| 27 Sep 2021 | £597,063 | £550,000 | 6 CHAFFINCH CRESCENT |
This house has a floor area of 79 sq meters or 857 sq feet when measured on 30 Jan 2012. Using an estimated price of £565,083 means this house is valued at £7,090 per sq meter (£658 per sq foot).
The average size of a house on SOUTH RIDGE is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near High Meadow |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Skylark Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Chase |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near West Croft |
| Oct 2024 | Drugs | Under investigation | On or near Charfinch Crescent |