£496,363
This estimated value is based upon the latest sale price for the house of £410,000 on 25 Oct 2019. 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 |
|---|---|
| £410,000 | 25 Oct 2019 |
| £285,000 | 1 Jul 2014 |
| £209,000 | 15 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £410,000 results in an estimated price of approximately £496,363.
| 25 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £410,000 | £86,363 | £496,363 |
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 | 15.288 % | £62,681 | £472,681 |
| 3 Month Average | 6.918 % | £28,365 | £438,365 |
| 6 Month Average | 16.620 % | £68,141 | £478,141 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 26 Feb 2014.
There is one other house on the street which we know the size of, this is 7 BRIAR VIEW it is 100.58
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Briar Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Briar Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Briar Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patricia Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patricia Gardens |