£471,743
This estimated value is based upon the latest sale price for the house of £380,000 on 16 Oct 2018. 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 |
---|---|
£380,000 | 16 Oct 2018 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £380,000 results in an estimated price of approximately £471,743.
16 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £380,000 | £91,743 | £471,743 |
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 | 18.233 % | £69,284 | £449,284 |
3 Month Average | 24.780 % | £94,163 | £474,163 |
6 Month Average | 9.165 % | £34,828 | £414,828 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £573,014 | £560,000 | 36 PRINCE EDWARD ROAD |
21 Jun 2023 | £602,065 | £590,000 | 25 PRINCE EDWARD ROAD |
28 Apr 2023 | £433,101 | £425,000 | 16 SHALFORD ROAD |
31 Oct 2022 | £433,552 | £435,000 | 10 FELSTED ROAD |
5 Aug 2022 | £489,288 | £487,000 | 61 MEADOW RISE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 19 Jan 2018. Using an estimated price of £471,744 means this house is valued at £4,813 per sq meter (£447 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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Felsted Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dedham Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow Rise |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Shalford Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shalford Road |