£405,128
This estimated value is based upon the latest sale price for the house of £395,000 on 21 Apr 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 |
|---|---|
| £395,000 | 21 Apr 2022 |
| £312,000 | 1 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £395,000 results in an estimated price of approximately £405,128.
| 21 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £395,000 | £10,128 | £405,128 |
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 | -35.726 % | £-141,118 | £253,881 |
| 3 Month Average | -4.297 % | £-16,971 | £378,028 |
| 6 Month Average | 1.139 % | £4,498 | £399,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £217,766 | £216,000 | 20 KELVEDON ROAD |
| 30 Mar 2023 | £579,633 | £576,500 | 5 NORTHFIELD CLOSE |
| 17 Feb 2023 | £452,858 | £455,000 | 11 COPFORD ROAD |
| 31 Aug 2022 | £486,711 | £490,000 | 9 COPFORD ROAD |
| 23 Aug 2022 | £397,315 | £400,000 | 3 THE CHASE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 15 Sep 2021. Using an estimated price of £405,128 means this house is valued at £3,585 per sq meter (£333 per sq foot).
The average size of a house on MEADOW RISE is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Awaiting court outcome | On or near David'S Walk |
| Apr 2024 | Vehicle crime | Under investigation | On or near David'S Walk |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Kelvedon Close |
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Kelvedon Close |
| Apr 2024 | Other crime | Awaiting court outcome | On or near Kelvedon Close |