£755,422
This estimated value is based upon the latest sale price for the house of £245,000 on 25 Jan 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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125 High Street, Billericay, CM12 9AH
Phone: 01277298711
| Price Paid | Date |
|---|---|
| £245,000 | 25 Jan 2002 |
| £159,750 | 27 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 January 2002 the House Price Index for ESSEX was 47.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 208.336%.Applying this 208.336% change to the original purchase price of £245,000 results in an estimated price of approximately £755,422.
| 25 Jan 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 146.7 | 208.336 % | £245,000 | £510,422 | £755,422 |
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 | 21.010 % | £51,474 | £296,474 |
| 3 Month Average | 54.764 % | £134,171 | £379,171 |
| 6 Month Average | 148.772 % | £364,490 | £609,490 |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 27 Jul 2018.
The average size of a house on BURNTWOOD CLOSE is 146 sq meters (1,577 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burntwood Close |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Charity Farm Chase |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near The Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near The Mullions |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Carriages |