£230,107
This estimated value is based upon the latest sale price for the house of £198,750 on 7 Jul 2021. 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 |
|---|---|
| £198,750 | 7 Jul 2021 |
| Flats/Maisonettes |
| Leasehold |
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 July 2021 the House Price Index for ESSEX was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £198,750 results in an estimated price of approximately £230,107.
| 7 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £198,750 | £31,357 | £230,107 |
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 | 76.688 % | £152,417 | £351,167 |
| 3 Month Average | -2.163 % | £-4,298 | £194,451 |
| 6 Month Average | 3.070 % | £6,101 | £204,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £529,599 | £525,000 | 1 THYNNE ROAD |
| 15 Feb 2023 | £390,106 | £387,500 | 1 CAVELL ROAD |
| 12 Aug 2022 | £482,255 | £480,000 | 20 THE RISING |
| 5 Aug 2022 | £626,429 | £623,500 | 17 THE MEADOW WAY |
| 22 Apr 2022 | £529,085 | £510,000 | 11A THE RISING |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavell Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mons Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mons Avenue |
| Jul 2024 | Burglary | Under investigation | On or near Mons Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mons Avenue |