£349,122
This estimated value is based upon the latest sale price for the house of £200,000 on 9 Nov 2009. 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 Mercury Close
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £200,000 | 9 Nov 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 November 2009 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £200,000 results in an estimated price of approximately £349,122.
| 9 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £200,000 | £149,122 | £349,122 |
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 | 87.006 % | £174,011 | £374,011 |
| 3 Month Average | 54.711 % | £109,421 | £309,421 |
| 6 Month Average | 72.787 % | £145,574 | £345,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £287,515 | £285,000 | 6 REDGATE CLOSE |
| 21 Jun 2023 | £371,500 | £367,000 | 197 BEAUCHAMPS DRIVE |
| 17 Jun 2022 | £436,164 | £430,000 | 188 BEAUCHAMPS DRIVE |
| 18 May 2022 | £377,106 | £370,000 | 30 ULTING WAY |
| 26 Apr 2022 | £381,026 | £370,000 | 195 BEAUCHAMPS DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 Jan 2020. Using an estimated price of £349,122 means this house is valued at £4,917 per sq meter (£456 per sq foot).
The average size of a house on REDGATE CLOSE is 81 sq meters (874 sq feet).
This house is the largest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Mercury Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercury Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mercury Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beauchamps Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Royal Oak Drive |