£601,042
This estimated value is based upon the latest sale price for the house of £455,000 on 22 Dec 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Horseshoes, 137a High Street, Billericay, CM12 9AB
Phone: 01277576833
| Price Paid | Date |
|---|---|
| £455,000 | 22 Dec 2016 |
| £215,000 | 21 Jan 2010 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 £455,000 results in an estimated price of approximately £601,042.
| 22 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £455,000 | £146,042 | £601,042 |
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 % | £127,643 | £582,643 |
| 3 Month Average | 8.124 % | £36,964 | £491,964 |
| 6 Month Average | 6.646 % | £30,240 | £485,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £469,073 | £465,000 | 64 FRITHWOOD LANE |
| 24 Apr 2023 | £636,913 | £625,000 | 21 FRITHWOOD CLOSE |
| 6 May 2022 | £669,954 | £652,500 | 17 FRITHWOOD CLOSE |
| 30 Jun 2021 | £621,498 | £575,000 | 18 FRITHWOOD CLOSE |
| 23 Sep 2020 | £711,722 | £595,000 | 5 TREVOR CLOSE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 5 Aug 2016. Using an estimated price of £601,043 means this house is valued at £5,137 per sq meter (£477 per sq foot).
The average size of a house on FRITHWOOD LANE is 124 sq meters (1,343 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Frithwood Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frithwood Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Frithwood Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frithwood Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frithwood Close |