£708,662
This estimated value is based upon the latest sale price for the house of £335,000 on 16 Jan 2004. 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 |
|---|---|
| £335,000 | 16 Jan 2004 |
| £146,000 | 30 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,122 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 2004 the House Price Index for ESSEX was 69.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 111.541%.Applying this 111.541% change to the original purchase price of £335,000 results in an estimated price of approximately £708,662.
| 16 Jan 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 146.7 | 111.541 % | £335,000 | £373,662 | £708,662 |
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 | 134.961 % | £452,118 | £787,118 |
| 3 Month Average | 108.128 % | £362,228 | £697,228 |
| 6 Month Average | 117.294 % | £392,933 | £727,933 |
This house has a floor area of 104 sq meters or 1,122 sq feet when measured on 18 Feb 2009.
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 |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Henham Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrods Court |