£856,780
This estimated value is based upon the latest sale price for the house of £725,000 on 12 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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125 High Street, Billericay, CM12 9AH
Phone: 01277298711
Price Paid | Date |
---|---|
£725,000 | 12 Oct 2020 |
£650,000 | 1 Aug 2016 |
£370,000 | 6 Aug 2004 |
£176,412 | 15 Aug 1997 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £725,000 results in an estimated price of approximately £856,780.
12 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £725,000 | £131,780 | £856,780 |
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 | 7.838 % | £56,826 | £781,826 |
3 Month Average | -17.671 % | £-128,118 | £596,881 |
6 Month Average | -4.973 % | £-36,053 | £688,946 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £641,278 | £625,000 | 6 CHARITY FARM CHASE |
5 Oct 2023 | £690,687 | £675,000 | 2 GROVE ROAD |
9 Jun 2023 | £418,384 | £410,000 | 6 GROVE ROAD |
3 May 2022 | £872,737 | £850,000 | 161 MOUNTNESSING ROAD |
20 Jan 2022 | £662,624 | £625,000 | 40 THE AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 28 Jan 2016. Using an estimated price of £856,781 means this house is valued at £7,080 per sq meter (£657 per sq foot).
The average size of a house on CHARITY FARM CHASE is 154 sq meters (1,665 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burntwood Close |
Jul 2024 | Shoplifting | Under investigation | On or near Whinhams Way |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whinhams Way |
Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Whinhams Way |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Whinhams Way |