£404,656
This estimated value is based upon the latest sale price for the house of £272,500 on 6 Mar 2015. 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 |
|---|---|
| £272,500 | 6 Mar 2015 |
| £248,000 | 17 Jun 2011 |
| £75,000 | 7 Mar 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,165 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 March 2015 the House Price Index for ESSEX was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £272,500 results in an estimated price of approximately £404,656.
| 6 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £272,500 | £132,156 | £404,656 |
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 | 42.608 % | £116,107 | £388,607 |
| 3 Month Average | 53.715 % | £146,373 | £418,873 |
| 6 Month Average | 33.335 % | £90,837 | £363,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £430,939 | £420,000 | 56 HIGHCLIFFE CLOSE |
| 10 Nov 2023 | £769,534 | £750,000 | 112 HIGHCLIFFE ROAD |
| 11 Sep 2023 | £460,143 | £450,000 | 21 BELCHAMPS ROAD |
| 25 Aug 2023 | £626,296 | £615,000 | 60 HIGHCLIFFE ROAD |
| 15 Aug 2023 | £392,071 | £385,000 | 62 HIGHCLIFFE ROAD |
This house has a floor area of 108 sq meters or 1,165 sq feet when measured on 17 Jan 2011. Using an estimated price of £404,657 means this house is valued at £3,737 per sq meter (£347 per sq foot).
The average size of a house on HIGHCLIFFE ROAD is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rubicon Avenue |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Springfield Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westfield Close |
| Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Westfield Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Highcliffe Road |