£1,641,559
This estimated value is based upon the latest sale price for the house of £962,000 on 4 Aug 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Smythe Road
More crime details
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8-10 High Street, Billericay, CM12 9BQ
Phone: 01277298601
Price Paid | Date |
---|---|
£962,000 | 4 Aug 2011 |
£675,000 | 16 Jul 2007 |
Detached |
Freehold |
Floor Area: 263 sq meters or 2,830 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 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.640%.Applying this 70.640% change to the original purchase price of £962,000 results in an estimated price of approximately £1,641,559.
4 Aug 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 146.7 | 70.640 % | £962,000 | £679,559 | £1,641,559 |
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 | -46.051 % | £-443,007 | £518,992 |
3 Month Average | 35.372 % | £340,278 | £1,302,278 |
6 Month Average | 53.022 % | £510,071 | £1,472,071 |
This house has a floor area of 263 sq meters or 2,830 sq feet when measured on 19 Nov 2018.
The average size of a house on NORSEY ROAD is 228 sq meters (2,463 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Smythe Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Chepstow Close |
Dec 2023 | Burglary | Under investigation | On or near Goatsmoor Lane |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sadlers Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broome Road |