£369,298
This estimated value is based upon the latest sale price for the house of £201,000 on 6 Apr 2005. 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 |
|---|---|
| £201,000 | 6 Apr 2005 |
| £66,500 | 28 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 April 2005 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.731%.Applying this 83.731% change to the original purchase price of £201,000 results in an estimated price of approximately £369,298.
| 6 Apr 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.731 % | £201,000 | £168,298 | £369,298 |
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 | 113.315 % | £227,762 | £428,762 |
| 3 Month Average | 108.071 % | £217,222 | £418,222 |
| 6 Month Average | 102.360 % | £205,744 | £406,744 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 18 Dec 2019.
The average size of a house on BUNTING LANE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Action to be taken by another organisation | On or near Cavell Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Charfinch Crescent |
| Jan 2024 | Burglary | Under investigation | On or near Charfinch Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Chase |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Chase |