£508,574
This estimated value is based upon the latest sale price for the house of £385,000 on 9 Dec 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 |
|---|---|
| £385,000 | 9 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2016 the House Price Index for ESSEX was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £385,000 results in an estimated price of approximately £508,574.
| 9 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £385,000 | £123,574 | £508,574 |
The Postcode Pricing Model uses changes in average sales price within the CM12 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 | 28.053 % | £108,005 | £493,005 |
| 3 Month Average | 8.124 % | £31,277 | £416,277 |
| 6 Month Average | 6.646 % | £25,588 | £410,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £450,000 | £450,000 | 81 KNIGHTBRIDGE WALK |
| 8 Apr 2024 | £448,898 | £445,000 | 1 ATRIDGE CHASE |
| 27 Mar 2024 | £492,568 | £485,000 | 30 ATRIDGE CHASE |
| 23 Oct 2023 | £445,109 | £435,000 | 9 KNIGHTBRIDGE WALK |
| 1 Jun 2023 | £607,168 | £595,000 | 77 KNIGHTBRIDGE WALK |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 28 Jun 2016. Using an estimated price of £508,575 means this house is valued at £6,781 per sq meter (£629 per sq foot).
The average size of a house on KNIGHTBRIDGE WALK is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ricketts Drive |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ricketts Drive |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Court |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Peartree Walk |