£691,579
This estimated value is based upon the latest sale price for the house of £399,995 on 28 Jul 2006. 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 |
---|---|
£399,995 | 28 Jul 2006 |
Detached |
Freehold |
Floor Area: 190 sq meters or 2,045 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 July 2006 the House Price Index for ESSEX was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £399,995 results in an estimated price of approximately £691,579.
28 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 148.6 | 72.897 % | £399,995 | £291,584 | £691,579 |
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 | 116.238 % | £464,945 | £864,940 |
3 Month Average | 89.656 % | £358,617 | £758,612 |
6 Month Average | 95.164 % | £380,651 | £780,646 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £390,252 | £385,000 | 59 FRODEN BROOK |
12 Jan 2023 | £537,468 | £540,000 | 103 KENNEL LANE |
25 Oct 2022 | £657,916 | £665,000 | 34 FRODEN BROOK |
4 Aug 2022 | £354,303 | £355,257 | 47 FRODEN BROOK |
11 May 2022 | £789,883 | £775,000 | 131 PASSINGHAM AVENUE |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 19 Apr 2016. Using an estimated price of £691,580 means this house is valued at £3,639 per sq meter (£338 per sq foot).
The average size of a house on KENNEL LANE is 141 sq meters (1,521 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hammonds Lane |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Selworthy Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Selworthy Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Selworthy Close |
Feb 2024 | Other theft | Further action is not in the public interest | On or near Selworthy Close |