£1,130,166
This estimated value is based upon the latest sale price for the house of £840,000 on 17 Jun 2016. 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 |
|---|---|
| £840,000 | 17 Jun 2016 |
| 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 June 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £840,000 results in an estimated price of approximately £1,130,166.
| 17 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £840,000 | £290,166 | £1,130,166 |
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 | 7.073 % | £59,412 | £899,412 |
| 3 Month Average | 28.243 % | £237,241 | £1,077,241 |
| 6 Month Average | 26.562 % | £223,120 | £1,063,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £630,000 | £630,000 | 19 THE MOUNT |
| 13 Jan 2023 | £451,206 | £450,000 | 380 OUTWOOD COMMON ROAD |
| 22 Aug 2022 | £703,289 | £700,000 | 17 HILLWAY |
| 12 Jul 2022 | £1,010,121 | £1,000,000 | 443 OUTWOOD COMMON ROAD |
| 8 Apr 2022 | £1,244,906 | £1,200,000 | 293 BREAK EGG HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whiteways |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Whiteways |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mount View |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holbrook Close |
| Sep 2024 | Burglary | Under investigation | On or near Holbrook Close |