£830,317
This estimated value is based upon the latest sale price for the house of £775,000 on 1 Dec 2021. 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 |
|---|---|
| £775,000 | 1 Dec 2021 |
| £174,995 | 19 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £775,000 results in an estimated price of approximately £830,317.
| 1 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £775,000 | £55,317 | £830,317 |
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 | -41.384 % | £-320,729 | £454,270 |
| 3 Month Average | -25.287 % | £-195,972 | £579,027 |
| 6 Month Average | -16.348 % | £-126,699 | £648,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £634,392 | £625,000 | 6 CHARITY FARM CHASE |
| 7 Jul 2023 | £821,050 | £810,000 | 5 THE MULLIONS |
| 9 Jun 2023 | £415,027 | £410,000 | 6 GROVE ROAD |
| 3 May 2022 | £866,324 | £850,000 | 161 MOUNTNESSING ROAD |
| 20 Jan 2022 | £657,755 | £625,000 | 40 THE AVENUE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 2 Aug 2021. Using an estimated price of £830,317 means this house is valued at £6,290 per sq meter (£584 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 | Under investigation | On or near Burntwood Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burntwood Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near The Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Whinhams Way |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Whinhams Way |