£627,146
This estimated value is based upon the latest sale price for the house of £375,000 on 7 Jul 2010. 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 |
|---|---|
| £375,000 | 7 Jul 2010 |
| £127,000 | 23 May 1997 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,051 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 July 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.239%.Applying this 67.239% change to the original purchase price of £375,000 results in an estimated price of approximately £627,146.
| 7 Jul 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.239 % | £375,000 | £252,146 | £627,146 |
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 | 81.062 % | £303,981 | £678,981 |
| 3 Month Average | 78.348 % | £293,806 | £668,806 |
| 6 Month Average | 83.454 % | £312,951 | £687,951 |
This house has a floor area of 97 sq meters or 1,051 sq feet when measured on 17 Feb 2010.
There is one other house on the street which we know the size of, this is 6 WREN CLOSE it is 92.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Action to be taken by another organisation | On or near Cavell Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Chase |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Chase |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beverley Rise |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beverley Rise |