£789,300
This estimated value is based upon the latest sale price for the house of £648,824 on 21 Nov 2018. 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 |
---|---|
£648,824 | 21 Nov 2018 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 November 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 21.651%.Applying this 21.651% change to the original purchase price of £648,824 results in an estimated price of approximately £789,300.
21 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 146.7 | 21.651 % | £648,824 | £140,476 | £789,300 |
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 | -67.520 % | £-438,087 | £210,736 |
3 Month Average | -37.656 % | £-244,322 | £404,501 |
6 Month Average | -3.660 % | £-23,748 | £625,075 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 30 Aug 2017.
The average size of a house on LAKE AVENUE is 230 sq meters (2,484 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Lake Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Dawson Mews |
Feb 2024 | Anti-social behaviour | On or near St Andrews Drive | |
Feb 2024 | Anti-social behaviour | On or near St Andrews Drive | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Andrews Drive |