£1,045,531
This estimated value is based upon the latest sale price for the house of £189,300 on 17 Mar 1995. 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 |
|---|---|
| £189,300 | 17 Mar 1995 |
| Detached |
| Freehold |
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 1995 the House Price Index for ESSEX was 26.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 452.314%.Applying this 452.314% change to the original purchase price of £189,300 results in an estimated price of approximately £1,045,531.
| 17 Mar 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 146.7 | 452.314 % | £189,300 | £856,231 | £1,045,531 |
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 | 146.208 % | £276,772 | £466,072 |
| 3 Month Average | 433.283 % | £820,204 | £1,009,504 |
| 6 Month Average | 473.104 % | £895,586 | £1,084,886 |
| 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 |