£591,137
This estimated value is based upon the latest sale price for the house of £475,000 on 30 Jan 2019. 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 |
|---|---|
| £475,000 | 30 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £475,000 results in an estimated price of approximately £591,137.
| 30 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £475,000 | £116,137 | £591,137 |
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 | 11.314 % | £53,741 | £528,741 |
| 3 Month Average | 0.626 % | £2,971 | £477,971 |
| 6 Month Average | 11.561 % | £54,914 | £529,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £429,761 | £420,000 | 17 HOLLYFORD |
| 31 Aug 2023 | £402,255 | £395,000 | 29 HOLLYFORD |
| 25 Aug 2023 | £407,347 | £400,000 | 38 HOLLYFORD |
| 23 Mar 2023 | £554,256 | £545,000 | 11 DUNFANE |
| 20 Feb 2023 | £509,403 | £506,000 | 5 DUNFANE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 18 Jul 2018. Using an estimated price of £591,137 means this house is valued at £4,729 per sq meter (£439 per sq foot).
The average size of a house on LONGTAIL is 107 sq meters (1,155 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longtail |
| Oct 2024 | Theft from the person | Unable to prosecute suspect | On or near Glencree |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glencree |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oakwood Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakwood Drive |