£1,429,302
This estimated value is based upon the latest sale price for the house of £912,500 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8-10 High Street, Billericay, CM12 9BQ
Phone: 01277298601
| Price Paid | Date |
|---|---|
| £912,500 | 29 Jun 2007 |
| £375,000 | 17 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 299 sq meters or 3,218 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 June 2007 the House Price Index for ESSEX was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £912,500 results in an estimated price of approximately £1,429,302.
| 29 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 146.7 | 56.636 % | £912,500 | £516,802 | £1,429,302 |
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 | -24.798 % | £-226,284 | £686,215 |
| 3 Month Average | -2.682 % | £-24,473 | £888,026 |
| 6 Month Average | 47.918 % | £437,248 | £1,349,748 |
This house has a floor area of 299 sq meters or 3,218 sq feet when measured on 14 Feb 2014.
The average size of a house on LAKE AVENUE is 230 sq meters (2,484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Lake Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ruskin Dene |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruskin Dene |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruskin Dene |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Park/Open Space |