£348,992
This estimated value is based upon the latest sale price for the house of £297,500 on 30 Oct 2020. 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 |
---|---|
£297,500 | 30 Oct 2020 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,248 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 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £297,500 results in an estimated price of approximately £348,992.
30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £297,500 | £51,492 | £348,992 |
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 | 31.179 % | £92,756 | £390,256 |
3 Month Average | 4.728 % | £14,066 | £311,566 |
6 Month Average | 11.607 % | £34,529 | £332,029 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2023 | £429,626 | £425,000 | 146 BEAUCHAMPS DRIVE |
20 Sep 2022 | £446,395 | £450,000 | 22 ULTING WAY |
12 Jul 2022 | £360,972 | £360,000 | 16 INWORTH WALK |
18 May 2022 | £377,106 | £370,000 | 30 ULTING WAY |
2 Nov 2021 | £459,643 | £425,000 | 14 INWORTH WALK |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 29 May 2020. Using an estimated price of £348,992 means this house is valued at £3,008 per sq meter (£279 per sq foot).
The average size of a house on ULTING WAY is 97 sq meters (1,053 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
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 |