£917,595
This estimated value is based upon the latest sale price for the house of £735,000 on 13 Jul 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 |
|---|---|
| £735,000 | 13 Jul 2018 |
| £540,000 | 9 Sep 2011 |
| £312,000 | 2 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 178 sq meters or 1,917 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 July 2018 the House Price Index for ESSEX was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £735,000 results in an estimated price of approximately £917,595.
| 13 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £735,000 | £182,595 | £917,595 |
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 | 13.701 % | £100,705 | £835,705 |
| 3 Month Average | -5.195 % | £-38,182 | £696,817 |
| 6 Month Average | 1.799 % | £13,219 | £748,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £784,094 | £760,000 | 195 STOCK ROAD |
| 29 Sep 2023 | £669,764 | £655,000 | 181 STOCK ROAD |
| 31 Aug 2023 | £1,196,582 | £1,175,000 | 21 OAKWOOD DRIVE |
| 25 Aug 2023 | £407,347 | £400,000 | 38 HOLLYFORD |
| 23 Mar 2023 | £554,256 | £545,000 | 11 DUNFANE |
This house has a floor area of 178 sq meters or 1,917 sq feet when measured on 22 Dec 2009. Using an estimated price of £917,595 means this house is valued at £5,152 per sq meter (£478 per sq foot).
The average size of a house on OAKWOOD DRIVE is 187 sq meters (2,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oakwood Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longtail |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crawford Close |