£357,465
This estimated value is based upon the latest sale price for the house of £245,000 on 18 Feb 2015. 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 |
|---|---|
| £245,000 | 18 Feb 2015 |
| £197,000 | 30 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 February 2015 the House Price Index for ESSEX was 100.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.904%.Applying this 45.904% change to the original purchase price of £245,000 results in an estimated price of approximately £357,465.
| 18 Feb 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 146.7 | 45.904 % | £245,000 | £112,465 | £357,465 |
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 | 63.909 % | £156,576 | £401,576 |
| 3 Month Average | 43.779 % | £107,258 | £352,258 |
| 6 Month Average | 48.666 % | £119,232 | £364,232 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Oct 2014.
The average size of a house on GANELS CLOSE is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Ganels Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Carvers Wood |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carvers Wood |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Selworthy Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Selworthy Close |