£407,210
This estimated value is based upon the latest sale price for the house of £270,000 on 6 Oct 2014. 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 |
|---|---|
| £270,000 | 6 Oct 2014 |
| £219,000 | 26 Feb 2010 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 628 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 October 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £270,000 results in an estimated price of approximately £407,210.
| 6 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £270,000 | £137,210 | £407,210 |
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 | 48.418 % | £130,729 | £400,729 |
| 3 Month Average | 34.247 % | £92,465 | £362,465 |
| 6 Month Average | 43.752 % | £118,131 | £388,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £478,633 | £470,000 | 27 SUSSEX WAY |
| 18 May 2022 | £872,737 | £850,000 | 59 NORSEY VIEW DRIVE |
| 18 May 2022 | £369,630 | £360,000 | 26 SUSSEX WAY |
| 24 Jan 2022 | £604,313 | £570,000 | 50 NORSEY VIEW DRIVE |
| 15 Jun 2021 | £689,052 | £637,500 | 2 SUSSEX COURT |
This house has a floor area of 58 sq meters or 628 sq feet when measured on 23 Oct 2009. Using an estimated price of £407,211 means this house is valued at £6,976 per sq meter (£648 per sq foot).
The average size of a house on SUSSEX WAY is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cranmer Close |
| Sep 2024 | Anti-social behaviour | On or near Cranmer Close | |
| Sep 2024 | Anti-social behaviour | On or near Cranmer Close | |
| Oct 2024 | Vehicle crime | Under investigation | On or near Lampern Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Lampern Close |