£305,813
This estimated value is based upon the latest sale price for the house of £182,500 on 23 Apr 2010. 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 |
|---|---|
| £182,500 | 23 Apr 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,291 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 2010 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.569%.Applying this 67.569% change to the original purchase price of £182,500 results in an estimated price of approximately £305,813.
| 23 Apr 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 146.7 | 67.569 % | £182,500 | £123,313 | £305,813 |
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 | 94.893 % | £173,179 | £355,679 |
| 3 Month Average | 82.896 % | £151,285 | £333,785 |
| 6 Month Average | 84.423 % | £154,071 | £336,571 |
This house has a floor area of 119 sq meters or 1,291 sq feet when measured on 11 Dec 2008.
The average size of a house on SALESBURY DRIVE is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Salesbury Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salesbury Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salesbury Drive |
| Dec 2023 | Anti-social behaviour | On or near Salesbury Drive | |
| Dec 2023 | Anti-social behaviour | On or near Salesbury Drive |