£316,985
This estimated value is based upon the latest sale price for the house of £265,000 on 11 Sep 2020. 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 |
|---|---|
| £265,000 | 11 Sep 2020 |
| £217,700 | 27 Nov 2014 |
| £175,000 | 8 Jul 2011 |
| £185,000 | 5 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £265,000 results in an estimated price of approximately £316,985.
| 11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £265,000 | £51,985 | £316,985 |
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 | 15.218 % | £40,326 | £305,326 |
| 3 Month Average | 19.550 % | £51,808 | £316,808 |
| 6 Month Average | 15.031 % | £39,831 | £304,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £311,707 | £309,000 | 9 GREENS FARM LANE |
| 11 Aug 2023 | £422,622 | £415,000 | 6 JACKSONS MEWS |
| 26 Jun 2023 | £220,417 | £216,000 | 20 KELVEDON ROAD |
| 30 Mar 2023 | £586,291 | £576,500 | 5 NORTHFIELD CLOSE |
| 17 Feb 2023 | £458,060 | £455,000 | 11 COPFORD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 Apr 2019. Using an estimated price of £316,985 means this house is valued at £5,031 per sq meter (£467 per sq foot).
The average size of a house on MEADOW RISE is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near David'S Walk |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Kelvedon Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Chase |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Jacksons Mews |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Copford Road |