£702,117
This estimated value is based upon the latest sale price for the house of £660,000 on 13 Sep 2021. 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 |
|---|---|
| £660,000 | 13 Sep 2021 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £660,000 results in an estimated price of approximately £702,117.
| 13 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £660,000 | £42,117 | £702,117 |
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 | 16.152 % | £106,600 | £766,600 |
| 3 Month Average | 4.896 % | £32,310 | £692,310 |
| 6 Month Average | -1.607 % | £-10,604 | £649,395 |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 7 Oct 2016.
The average size of a house on MERCER ROAD is 136 sq meters (1,473 sq feet).
This house is the largest in the street with a floor area of 172 sq meters (1,851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Doublet Mews | |
| Feb 2024 | Anti-social behaviour | On or near Doublet Mews | |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Doublet Mews |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broome Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broome Road |