£669,996
This estimated value is based upon the latest sale price for the house of £450,000 on 18 Feb 2015. 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 |
|---|---|
| £450,000 | 18 Feb 2015 |
| £370,000 | 5 Sep 2005 |
| £300,000 | 3 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 February 2015 the House Price Index for ESSEX was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £450,000 results in an estimated price of approximately £669,996.
| 18 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £450,000 | £219,996 | £669,996 |
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 | 59.293 % | £266,817 | £716,817 |
| 3 Month Average | 44.679 % | £201,056 | £651,056 |
| 6 Month Average | 50.807 % | £228,630 | £678,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £547,252 | £542,500 | 63 TRINITY ROAD |
| 15 Aug 2023 | £524,459 | £515,000 | 7 TYRONE CLOSE |
| 7 Jun 2023 | £382,669 | £375,000 | 14 TYRONE CLOSE |
| 12 Jan 2023 | £541,447 | £540,000 | 103 KENNEL LANE |
| 11 May 2022 | £795,730 | £775,000 | 131 PASSINGHAM AVENUE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 10 Apr 2013. Using an estimated price of £669,997 means this house is valued at £4,890 per sq meter (£454 per sq foot).
The average size of a house on KENNEL LANE is 141 sq meters (1,521 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyrone Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coopers Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hammonds Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Street |