£613,875
This estimated value is based upon the latest sale price for the house of £623,500 on 5 Aug 2022. 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 |
|---|---|
| £623,500 | 5 Aug 2022 |
| £325,000 | 28 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.544%.Applying this -1.544% change to the original purchase price of £623,500 results in an estimated price of approximately £613,875.
| 5 Aug 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 146.7 | -1.544 % | £623,500 | £-9,624 | £613,875 |
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 | -16.656 % | £-103,847 | £519,652 |
| 3 Month Average | -0.214 % | £-1,332 | £622,167 |
| 6 Month Average | 6.215 % | £38,752 | £662,252 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Nov 2015.
The average size of a house on THE MEADOW WAY is 116 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Action to be taken by another organisation | On or near Cavell Road |
| Feb 2024 | Anti-social behaviour | On or near Thynne Road | |
| Feb 2024 | Anti-social behaviour | On or near Thynne Road | |
| Jan 2024 | Anti-social behaviour | On or near The Rising | |
| Jan 2024 | Anti-social behaviour | On or near The Rising |