£562,655
This estimated value is based upon the latest sale price for the house of £462,500 on 26 Oct 2018. 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 |
|---|---|
| £462,500 | 26 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £462,500 results in an estimated price of approximately £562,655.
| 26 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.655 % | £462,500 | £100,155 | £562,655 |
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 | 23.154 % | £107,088 | £569,588 |
| 3 Month Average | 15.345 % | £70,970 | £533,470 |
| 6 Month Average | 9.789 % | £45,274 | £507,774 |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 19 Dec 2017.
The average size of a house on OUTWOOD COMMON ROAD is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Outwood Common Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Outwood Common Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Outwood Common Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Outwood Common Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Outwood Common Road |