£774,602
This estimated value is based upon the latest sale price for the house of £165,000 on 22 Jun 1998. 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 |
---|---|
£165,000 | 22 Jun 1998 |
Detached |
Freehold |
Floor Area: 201 sq meters or 2,163 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 June 1998 the House Price Index for ESSEX was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £165,000 results in an estimated price of approximately £774,602.
22 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 148.6 | 369.456 % | £165,000 | £609,602 | £774,602 |
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 | 391.661 % | £646,240 | £811,240 |
3 Month Average | 304.154 % | £501,854 | £666,854 |
6 Month Average | 393.930 % | £649,983 | £814,983 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £334,274 | £330,000 | 48 DOESHILL DRIVE |
17 Feb 2023 | £319,785 | £320,000 | 32 WEST BEECH AVENUE |
9 Sep 2022 | £505,915 | £510,000 | 34 DOESHILL DRIVE |
2 Sep 2022 | £304,541 | £307,000 | 8 DOESHILL DRIVE |
26 Aug 2022 | £473,725 | £475,000 | 30 WICK BEECH AVENUE |
This house has a floor area of 201 sq meters or 2,163 sq feet when measured on 22 Jan 2015. Using an estimated price of £774,603 means this house is valued at £3,853 per sq meter (£358 per sq foot).
The average size of a house on WICK BEECH AVENUE is 155 sq meters (1,674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Under investigation | On or near West Beech Avenue |