£668,517
This estimated value is based upon the latest sale price for the house of £385,000 on 16 Dec 2011. 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 |
|---|---|
| £385,000 | 16 Dec 2011 |
| £265,000 | 26 Sep 2003 |
| £169,000 | 29 Feb 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 December 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £385,000 results in an estimated price of approximately £668,517.
| 16 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £385,000 | £283,517 | £668,517 |
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 | 57.330 % | £220,718 | £605,718 |
| 3 Month Average | 51.884 % | £199,752 | £584,752 |
| 6 Month Average | 48.785 % | £187,822 | £572,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £882,665 | £875,000 | 58 LAMPERN CRESCENT |
| 27 Nov 2023 | £867,008 | £845,000 | 26 NORSEY VIEW DRIVE |
| 2 Oct 2023 | £472,737 | £462,000 | 17 LISA CLOSE |
| 17 Mar 2023 | £727,143 | £715,000 | 3 LAMPERN MEWS |
| 29 Nov 2022 | £721,626 | £725,000 | 1 LAMPERN MEWS |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 29 Nov 2013. Using an estimated price of £668,517 means this house is valued at £5,479 per sq meter (£509 per sq foot).
The average size of a house on NORSEY VIEW DRIVE is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Lampern Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Lampern Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lampern Mews |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lampern Mews |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Norsey View Drive |