£473,981
This estimated value is based upon the latest sale price for the house of £380,000 on 30 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
125 High Street, Billericay, CM12 9AH
Phone: 01277298711
| Price Paid | Date |
|---|---|
| £380,000 | 30 May 2018 |
| £249,995 | 11 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £380,000 results in an estimated price of approximately £473,981.
| 30 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £380,000 | £93,981 | £473,981 |
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 | -64.987 % | £-246,950 | £133,049 |
| 3 Month Average | -40.756 % | £-154,871 | £225,128 |
| 6 Month Average | -6.302 % | £-23,948 | £356,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £506,131 | £500,000 | 20 GORDON CLOSE |
| 20 Jun 2022 | £451,886 | £445,500 | 7 PERRY STREET |
| 6 May 2022 | £438,258 | £430,000 | 9 RICKETTS DRIVE |
| 31 Mar 2022 | £464,038 | £447,800 | 15 HARES CHASE |
| 22 Feb 2022 | £511,239 | £487,500 | 34 RAVEN LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Jan 2016. Using an estimated price of £473,981 means this house is valued at £6,492 per sq meter (£603 per sq foot).
The average size of a house on RICKETTS DRIVE is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Awaiting court outcome | On or near Ricketts Drive |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ricketts Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ricketts Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wick Glen |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wick Glen |