£360,181
This estimated value is based upon the latest sale price for the house of £85,000 on 27 Aug 1999. 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 |
|---|---|
| £85,000 | 27 Aug 1999 |
| £76,000 | 22 May 1998 |
| £62,000 | 20 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 1999 the House Price Index for ESSEX was 34.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 323.743%.Applying this 323.743% change to the original purchase price of £85,000 results in an estimated price of approximately £360,181.
| 27 Aug 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 146.7 | 323.743 % | £85,000 | £275,181 | £360,181 |
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 | 319.725 % | £271,766 | £356,766 |
| 3 Month Average | 294.471 % | £250,300 | £335,300 |
| 6 Month Average | 328.467 % | £279,196 | £364,196 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 26 May 2017.
The average size of a house on HATFIELD DRIVE is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hatfield Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holbrook Close |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Stansted Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Shalford Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Henham Close |