£423,819
This estimated value is based upon the latest sale price for the house of £283,500 on 29 Aug 2014. 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 |
|---|---|
| £283,500 | 29 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 August 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 49.496%.Applying this 49.496% change to the original purchase price of £283,500 results in an estimated price of approximately £423,819.
| 29 Aug 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 146.7 | 49.496 % | £283,500 | £140,319 | £423,819 |
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 | 34.988 % | £99,190 | £382,690 |
| 3 Month Average | 63.679 % | £180,529 | £464,029 |
| 6 Month Average | 55.261 % | £156,665 | £440,165 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 4 Dec 2014.
The average size of a house on OUTWOOD COMMON ROAD is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Outwood Farm Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Outwood Farm Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Outwood Farm Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrods Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrods Court |