£1,909,196
This estimated value is based upon the latest sale price for the house of £1,460,000 on 10 Oct 2016. 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 Deerbank Road
More crime details
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8-10 High Street, Billericay, CM12 9BQ
Phone: 01277298601
| Price Paid | Date |
|---|---|
| £1,460,000 | 10 Oct 2016 |
| £1,250,000 | 11 Jun 2013 |
| £1,215,000 | 29 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 267 sq meters or 2,879 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £1,460,000 results in an estimated price of approximately £1,909,196.
| 10 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 146.7 | 30.767 % | £1,460,000 | £449,196 | £1,909,196 |
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 | 18.798 % | £274,450 | £1,734,450 |
| 3 Month Average | 19.154 % | £279,645 | £1,739,645 |
| 6 Month Average | 19.038 % | £277,961 | £1,737,961 |
This house has a floor area of 267 sq meters or 2,879 sq feet when measured on 10 Nov 2011.
The average size of a house on FERNLEA PLACE is 293 sq meters (3,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deerbank Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Deerbank Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norsey Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Coulter Mews |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdon Mews |