£994,519
This estimated value is based upon the latest sale price for the house of £245,000 on 13 Dec 1999. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Rectory Road
More crime details
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7 Grange Parade, Grange Road, Billericay, CM11 2RF
Phone: 01277576926
Price Paid | Date |
---|---|
£245,000 | 13 Dec 1999 |
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 December 1999 the House Price Index for ESSEX was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £245,000 results in an estimated price of approximately £994,519.
13 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.9 | 149.7 | 305.926 % | £245,000 | £749,519 | £994,519 |
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 | 293.862 % | £719,961 | £964,961 |
3 Month Average | 256.866 % | £629,322 | £874,322 |
6 Month Average | 281.508 % | £689,695 | £934,695 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Oct 2024 | £867,000 | £867,000 | OAK VIEW GREEN LANE |
18 Apr 2024 | £249,164 | £247,000 | 98 WARWICK CRESCENT |
16 Jan 2023 | £270,723 | £270,000 | 214 SCHOOL AVENUE |
22 Jul 2022 | £381,826 | £378,000 | 180 SCHOOL AVENUE |
20 Jul 2022 | £288,895 | £286,000 | 202 SCHOOL AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Rectory Road |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Rectory Road |
Jul 2024 | Vehicle crime | Under investigation | On or near Rectory Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rectory Road |