£922,464
This estimated value is based upon the latest sale price for the house of £920,000 on 12 Jan 2023. 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 |
|---|---|
| £920,000 | 12 Jan 2023 |
| £275,000 | 6 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 251 sq meters or 2,701 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 January 2023 the House Price Index for ESSEX was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £920,000 results in an estimated price of approximately £922,464.
| 12 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £920,000 | £2,464 | £922,464 |
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 | 24.288 % | £223,452 | £1,143,452 |
| 3 Month Average | -3.865 % | £-35,559 | £884,440 |
| 6 Month Average | -11.902 % | £-109,502 | £810,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £465,000 | £465,000 | 30 BURSTEAD DRIVE |
| 19 Apr 2024 | £302,628 | £300,000 | 16 BURSTEAD DRIVE |
| 13 Sep 2023 | £511,271 | £500,000 | 7 KEVIN CLOSE |
| 12 Jun 2023 | £341,851 | £335,000 | 10 BURSTEAD DRIVE |
| 9 Jun 2023 | £387,771 | £380,000 | 36 KINGS WAY |
This house has a floor area of 251 sq meters or 2,701 sq feet when measured on 14 Dec 2020. Using an estimated price of £922,465 means this house is valued at £3,675 per sq meter (£341 per sq foot).
The average size of a house on SOUTHEND ROAD is 80 sq meters (866 sq feet).
This house is the largest in the street with a floor area of 251 sq meters (2,701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kevin Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patricia Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sebert Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Briar Close |
| Jun 2024 | Burglary | Under investigation | On or near Briar Close |