£384,843
This estimated value is based upon the latest sale price for the house of £310,000 on 29 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £310,000 | 29 Oct 2018 |
| £175,500 | 18 Jul 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £310,000 results in an estimated price of approximately £384,843.
| 29 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £310,000 | £74,843 | £384,843 |
The Postcode Pricing Model uses changes in average sales price within the SS11 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 | -19.457 % | £-60,317 | £249,682 |
| 3 Month Average | 12.559 % | £38,931 | £348,931 |
| 6 Month Average | 10.368 % | £32,140 | £342,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £345,000 | £345,000 | 109 HILL AVENUE |
| 22 Apr 2024 | £322,803 | £320,000 | 94 HILL AVENUE |
| 11 Sep 2023 | £460,143 | £450,000 | 21 BELCHAMPS ROAD |
| 1 Sep 2023 | £378,340 | £370,000 | 9 WHIST AVENUE |
| 10 Aug 2023 | £336,061 | £330,000 | 1 BELCHAMPS ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 8 Mar 2018. Using an estimated price of £384,844 means this house is valued at £7,400 per sq meter (£687 per sq foot).
The average size of a house on MERCURY CLOSE is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Mercury Close | |
| Apr 2024 | Anti-social behaviour | On or near Mercury Close | |
| Apr 2024 | Anti-social behaviour | On or near Mercury Close | |
| Apr 2024 | Anti-social behaviour | On or near Mercury Close | |
| Apr 2024 | Anti-social behaviour | On or near Whist Avenue |