£1,210,040
This estimated value is based upon the latest sale price for the house of £975,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Horseshoes, 137a High Street, Billericay, CM12 9AB
Phone: 01277576833
| Price Paid | Date |
|---|---|
| £975,000 | 8 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 198 sq meters or 2,131 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 December 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £975,000 results in an estimated price of approximately £1,210,040.
| 8 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £975,000 | £235,040 | £1,210,040 |
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 | -55.756 % | £-543,619 | £431,380 |
| 3 Month Average | -38.518 % | £-375,550 | £599,449 |
| 6 Month Average | -1.552 % | £-15,136 | £959,863 |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 12 Sep 2017.
The average size of a house on LONDON ROAD is 200 sq meters (2,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Langley Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitesmith Drive |
| Mar 2024 | Drugs | Under investigation | On or near Magenta Close |