£826,471
This estimated value is based upon the latest sale price for the house of £480,000 on 6 Mar 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Carson Road
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8-10 High Street, Billericay, CM12 9BQ
Phone: 01277298601
| Price Paid | Date |
|---|---|
| £480,000 | 6 Mar 2012 |
| £372,500 | 20 Feb 2006 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,289 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 March 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £480,000 results in an estimated price of approximately £826,471.
| 6 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £480,000 | £346,471 | £826,471 |
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 | 106.600 % | £511,679 | £991,679 |
| 3 Month Average | 67.602 % | £324,487 | £804,487 |
| 6 Month Average | 77.936 % | £374,093 | £854,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £728,492 | £710,000 | 5 SADLERS CLOSE |
| 13 Oct 2023 | £777,611 | £759,950 | 9 CARSON ROAD |
| 4 Sep 2023 | £378,340 | £370,000 | 21 COACH MEWS |
| 25 Jul 2022 | £2,323,279 | £2,300,000 | 196 NORSEY ROAD |
| 31 May 2022 | £616,049 | £600,000 | 9 BROOME CLOSE |
This house has a floor area of 119 sq meters or 1,289 sq feet when measured on 11 Oct 2011. Using an estimated price of £826,472 means this house is valued at £6,897 per sq meter (£640 per sq foot).
The average size of a house on MERCER ROAD is 136 sq meters (1,473 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Carson Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shire Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martingale Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longtail |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oakwood Drive |