£460,933
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Oct 2012. 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 |
|---|---|
| £275,000 | 15 Oct 2012 |
| £215,000 | 12 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 685 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 October 2012 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.612%.Applying this 67.612% change to the original purchase price of £275,000 results in an estimated price of approximately £460,933.
| 15 Oct 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 146.7 | 67.612 % | £275,000 | £185,933 | £460,933 |
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 | 86.231 % | £237,134 | £512,134 |
| 3 Month Average | 61.474 % | £169,052 | £444,052 |
| 6 Month Average | 66.719 % | £183,477 | £458,477 |
This house has a floor area of 63 sq meters or 685 sq feet when measured on 7 Mar 2012.
The average size of a house on KINGS WAY is 94 sq meters (1,013 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Way |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kings Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorraine Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Haven Rise |