£549,061
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Sep 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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7 Grange Parade, Grange Road, Billericay, CM11 2RF
Phone: 01277576926
| Price Paid | Date |
|---|---|
| £320,000 | 1 Sep 2006 |
| £149,000 | 5 Jun 1998 |
| Detached |
| Freehold |
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 September 2006 the House Price Index for ESSEX was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £320,000 results in an estimated price of approximately £549,061.
| 1 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £320,000 | £229,061 | £549,061 |
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 | 102.306 % | £327,378 | £647,378 |
| 3 Month Average | 91.726 % | £293,521 | £613,521 |
| 6 Month Average | 94.395 % | £302,065 | £622,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £550,000 | £550,000 | 16 BUNTING LANE |
| 28 Nov 2023 | £677,190 | £660,000 | 6 BUNTING LANE |
| 22 Nov 2023 | £538,674 | £525,000 | 20 BUNTING LANE |
| 27 Jan 2023 | £335,898 | £335,000 | 21 BUNTING LANE |
| 26 Aug 2022 | £592,772 | £590,000 | 5 SKYLARK CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavell Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Skylark Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Chase |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beverley Rise |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beverley Rise |