£243,514
This estimated value is based upon the latest sale price for the house of £180,000 on 11 May 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Radstocks
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8-10 High Street, Billericay, CM12 9BQ
Phone: 01277298601
| Price Paid | Date |
|---|---|
| £180,000 | 11 May 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 May 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £180,000 results in an estimated price of approximately £243,514.
| 11 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £180,000 | £63,514 | £243,514 |
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 | 58.337 % | £105,006 | £285,006 |
| 3 Month Average | 24.287 % | £43,716 | £223,716 |
| 6 Month Average | 19.156 % | £34,481 | £214,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £392,047 | £380,000 | 11 STOCK ROAD |
| 2 Sep 2022 | £269,820 | £270,000 | FLAT 11 RADFORD HOUSE RADFORD WAY |
| 11 Aug 2022 | £241,128 | £240,000 | FLAT 7 RADFORD HOUSE RADFORD WAY |
| 28 Jul 2022 | £11,111 | £11,000 | GARAGE RADFORD COURT |
| 14 Jul 2022 | £247,480 | £245,000 | FLAT 10 RADFORD HOUSE RADFORD WAY |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 7 Mar 2016. Using an estimated price of £243,514 means this house is valued at £5,411 per sq meter (£502 per sq foot).
The average size of a house on STOCK ROAD is 136 sq meters (1,472 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Under investigation | On or near Radstocks |
| Aug 2024 | Anti-social behaviour | On or near Radstocks | |
| Aug 2024 | Anti-social behaviour | On or near Radstocks | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radstocks |
| Aug 2024 | Anti-social behaviour | On or near Radstocks |