£998,361
This estimated value is based upon the latest sale price for the house of £575,000 on 7 Nov 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Horseshoes, 137a High Street, Billericay, CM12 9AB
Phone: 01277576833
| Price Paid | Date |
|---|---|
| £575,000 | 7 Nov 2011 |
| 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 November 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 73.628%.Applying this 73.628% change to the original purchase price of £575,000 results in an estimated price of approximately £998,361.
| 7 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £575,000 | £423,361 | £998,361 |
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 | 69.406 % | £399,086 | £974,086 |
| 3 Month Average | 53.660 % | £308,542 | £883,542 |
| 6 Month Average | 50.621 % | £291,069 | £866,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £1,210,512 | £1,200,000 | LE CHALET LONDON ROAD |
| 22 Aug 2022 | £522,443 | £520,000 | 19 ABBEY ROAD |
| 26 Apr 2022 | £721,008 | £695,000 | 8 ABBEY ROAD |
| 30 Sep 2021 | £868,455 | £800,000 | 4 WESTERN VIEW |
| 19 Aug 2021 | £4,495 | £4,000 | APARTMENT 2 THE ORCHARD, 6 LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Heath Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Heath Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near London Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bootham Road |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Sports/Recreation Area |