£607,454
This estimated value is based upon the latest sale price for the house of £487,500 on 10 Aug 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 |
---|---|
£487,500 | 10 Aug 2018 |
£184,000 | 3 Sep 2002 |
£85,500 | 2 Feb 1998 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 August 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £487,500 results in an estimated price of approximately £607,454.
10 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £487,500 | £119,954 | £607,454 |
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 | 15.244 % | £74,312 | £561,812 |
3 Month Average | 3.461 % | £16,873 | £504,373 |
6 Month Average | 2.877 % | £14,026 | £501,526 |
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 |
6 Sep 2023 | £449,918 | £440,000 | 20 RICKETTS DRIVE |
1 Jun 2023 | £607,168 | £595,000 | 77 KNIGHTBRIDGE WALK |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 3 Jul 2018. Using an estimated price of £607,454 means this house is valued at £5,840 per sq meter (£542 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 |