£1,150,131
This estimated value is based upon the latest sale price for the house of £762,500 on 11 Jul 2014. 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 |
|---|---|
| £762,500 | 11 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 369 sq meters or 3,971 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 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £762,500 results in an estimated price of approximately £1,150,131.
| 11 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £762,500 | £387,631 | £1,150,131 |
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 | -36.907 % | £-281,417 | £481,082 |
| 3 Month Average | -13.685 % | £-104,350 | £658,149 |
| 6 Month Average | 33.105 % | £252,423 | £1,014,923 |
This house has a floor area of 369 sq meters or 3,971 sq feet when measured on 28 Mar 2017.
The average size of a house on LAKE AVENUE is 230 sq meters (2,484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ruskin Dene |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruskin Dene |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruskin Dene |
| Mar 2024 | Public order | Under investigation | On or near Lake Avenue |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Park/Open Space |