£388,980
This estimated value is based upon the latest sale price for the house of £291,500 on 31 Oct 2016. 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 Jersey Gardens
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £291,500 | 31 Oct 2016 |
| £193,000 | 10 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £291,500 results in an estimated price of approximately £388,980.
| 31 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £291,500 | £97,480 | £388,980 |
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 | 3.035 % | £8,846 | £300,346 |
| 3 Month Average | 21.678 % | £63,190 | £354,690 |
| 6 Month Average | 20.683 % | £60,289 | £351,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £219,997 | £215,000 | 6 CYGNET COURT SWAN LANE |
| 25 Aug 2023 | £218,949 | £215,000 | 10 CYGNET COURT SWAN LANE |
| 17 Feb 2023 | £334,736 | £332,500 | 9 JERSEY GARDENS |
| 26 Jan 2023 | £360,964 | £360,000 | 51 EDWARD GARDENS |
| 5 Jan 2023 | £476,273 | £475,000 | 36 SWAN LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 10 Aug 2016. Using an estimated price of £388,981 means this house is valued at £3,889 per sq meter (£361 per sq foot).
The average size of a house on SWAN LANE is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jersey Gardens |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Jersey Gardens |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jersey Gardens |
| Jul 2024 | Bicycle theft | Awaiting court outcome | On or near Beccles Court |
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Beccles Court |