£526,479
This estimated value is based upon the latest sale price for the house of £310,000 on 25 Mar 2011. 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 |
|---|---|
| £310,000 | 25 Mar 2011 |
| £249,995 | 28 Jul 2005 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 718 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 March 2011 the House Price Index for ESSEX was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.832%.Applying this 69.832% change to the original purchase price of £310,000 results in an estimated price of approximately £526,479.
| 25 Mar 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 146.7 | 69.832 % | £310,000 | £216,479 | £526,479 |
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 | 135.654 % | £420,527 | £730,527 |
| 3 Month Average | 57.613 % | £178,601 | £488,601 |
| 6 Month Average | 57.904 % | £179,503 | £489,503 |
This house has a floor area of 66 sq meters or 718 sq feet when measured on 22 Jun 2010.
The average size of a house on OUTWOOD FARM ROAD is 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Outwood Farm Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Outwood Farm Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Outwood Farm Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrods Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrods Court |