£228,492
This estimated value is based upon the latest sale price for the house of £138,000 on 19 Apr 2013. 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 |
|---|---|
| £138,000 | 19 Apr 2013 |
| £45,000 | 26 Jun 1998 |
| £38,500 | 7 Mar 1997 |
| £34,000 | 27 Jan 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2013 the House Price Index for ESSEX was 88.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.574%.Applying this 65.574% change to the original purchase price of £138,000 results in an estimated price of approximately £228,492.
| 19 Apr 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 146.7 | 65.574 % | £138,000 | £90,492 | £228,492 |
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 | -15.679 % | £-21,637 | £116,362 |
| 3 Month Average | 4.379 % | £6,043 | £144,043 |
| 6 Month Average | 50.305 % | £69,421 | £207,421 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 8 Jan 2013.
The average size of a house on LANGHAM CRESCENT is 62 sq meters (677 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hickstars Lane |
| Mar 2024 | Drugs | Under investigation | On or near Well Mead |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Well Mead |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Well Mead |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Carvers Wood |