£190,208
This estimated value is based upon the latest sale price for the house of £128,000 on 19 Jan 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Endeavour House, Church Road, Ramsden Bellhouse, Billericay, CM11 1RN
Phone: 01268810673
Price Paid | Date |
---|---|
£128,000 | 19 Jan 2015 |
Semi-Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 January 2015 the House Price Index for ESSEX was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £128,000 results in an estimated price of approximately £190,208.
19 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 148.6 | 48.600 % | £128,000 | £62,208 | £190,208 |
The Postcode Pricing Model uses changes in average sales price within the SS12 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 | 55.093 % | £70,518 | £198,518 |
3 Month Average | 94.729 % | £121,252 | £249,252 |
6 Month Average | 39.027 % | £49,954 | £177,954 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £519,082 | £510,000 | CLARMONT RAMSDEN VIEW ROAD |
30 Aug 2022 | £588,416 | £590,000 | CHERUBIM BRANKSOME AVENUE |
28 Jul 2022 | £726,957 | £725,000 | CALDICOT BRANKSOME AVENUE |
27 May 2022 | £438,258 | £430,000 | 228 LONDON ROAD |
17 Dec 2021 | £857,102 | £800,000 | BROOKSIDE BRANKSOME AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 3 May 2012. Using an estimated price of £190,208 means this house is valued at £1,883 per sq meter (£174 per sq foot).
The average size of a house on LONDON ROAD is 115 sq meters (1,247 sq feet).