£733,406
This estimated value is based upon the latest sale price for the house of £550,000 on 30 Mar 2016. 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 |
|---|---|
| £550,000 | 30 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.347%.Applying this 33.347% change to the original purchase price of £550,000 results in an estimated price of approximately £733,406.
| 30 Mar 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 146.7 | 33.347 % | £550,000 | £183,406 | £733,406 |
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 | -34.847 % | £-191,657 | £358,342 |
| 3 Month Average | -25.843 % | £-142,135 | £407,864 |
| 6 Month Average | 10.983 % | £60,406 | £610,406 |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 5 Nov 2015.
The average size of a house on MOUNTNESSING ROAD is 131 sq meters (1,416 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near The Links |
| Dec 2023 | Drugs | Local resolution | On or near Mountnessing Road |
| Mar 2024 | Burglary | Under investigation | On or near Linda Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Warren |