£554,409
This estimated value is based upon the latest sale price for the house of £445,000 on 30 Oct 2017. 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 |
|---|---|
| £445,000 | 30 Oct 2017 |
| £124,000 | 1 Apr 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £445,000 results in an estimated price of approximately £554,409.
| 30 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £445,000 | £109,409 | £554,409 |
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 | -41.881 % | £-186,369 | £258,630 |
| 3 Month Average | -34.387 % | £-153,023 | £291,976 |
| 6 Month Average | 4.720 % | £21,003 | £466,003 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 15 Mar 2017.
The average size of a house on MOUNTNESSING ROAD is 131 sq meters (1,416 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Local resolution | On or near Mountnessing Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Gardens |
| Mar 2024 | Burglary | Under investigation | On or near Linda Gardens |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near The Links |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Warren |