£396,864
This estimated value is based upon the latest sale price for the house of £240,000 on 23 Aug 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8-10 High Street, Billericay, CM12 9BQ
Phone: 01277298601
| Price Paid | Date |
|---|---|
| £240,000 | 23 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2013 the House Price Index for ESSEX was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £240,000 results in an estimated price of approximately £396,864.
| 23 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £240,000 | £156,864 | £396,864 |
The Postcode Pricing Model uses changes in average sales price within the CM12 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 | -35.582 % | £-85,397 | £154,602 |
| 3 Month Average | -18.190 % | £-43,655 | £196,344 |
| 6 Month Average | 33.953 % | £81,486 | £321,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £166,569 | £165,000 | 2 OLD FARM COURT |
| 10 Mar 2023 | £454,280 | £450,000 | 43 KNIGHTBRIDGE WALK |
| 10 Mar 2023 | £550,183 | £545,000 | 19 KNIGHTBRIDGE WALK |
| 5 Aug 2022 | £478,711 | £480,000 | 14 ATRIDGE CHASE |
| 5 Aug 2022 | £189,490 | £190,000 | 19 OLD FARM COURT |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 15 Mar 2013. Using an estimated price of £396,864 means this house is valued at £5,221 per sq meter (£485 per sq foot).
The average size of a house on KNIGHTBRIDGE WALK is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Atridge Chase |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Buttercup Close |