£1,005,225
This estimated value is based upon the latest sale price for the house of £540,000 on 20 Dec 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near London Road
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The Horseshoes, 137a High Street, Billericay, CM12 9AB
Phone: 01277576833
| Price Paid | Date |
|---|---|
| £540,000 | 20 Dec 2004 |
| £205,000 | 23 Jan 1998 |
| Detached |
| Freehold |
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 2004 the House Price Index for ESSEX was 78.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 86.153%.Applying this 86.153% change to the original purchase price of £540,000 results in an estimated price of approximately £1,005,225.
| 20 Dec 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 146.7 | 86.153 % | £540,000 | £465,225 | £1,005,225 |
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 | -25.108 % | £-135,582 | £404,417 |
| 3 Month Average | 9.261 % | £50,007 | £590,007 |
| 6 Month Average | 65.669 % | £354,614 | £894,614 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near London Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near London Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near London Road |
| Dec 2023 | Burglary | Under investigation | On or near Rosslyn Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rosslyn Road |