£452,576
This estimated value is based upon the latest sale price for the house of £370,000 on 1 May 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £370,000 | 1 May 2020 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 May 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £370,000 results in an estimated price of approximately £452,576.
| 1 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £370,000 | £82,576 | £452,576 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -29.031 % | £-107,414 | £262,585 |
| 3 Month Average | -8.745 % | £-32,357 | £337,642 |
| 6 Month Average | -3.980 % | £-14,725 | £355,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £325,000 | £325,000 | 18 ADAMS GLADE |
| 26 Jun 2023 | £313,801 | £310,000 | 6 ADAMS GLADE |
| 30 Mar 2023 | £262,473 | £260,000 | 4 MOORCROFT |
| 13 Mar 2023 | £323,043 | £320,000 | 34 MOORCROFT |
| 25 Jan 2023 | £288,640 | £290,000 | 11 MOORCROFT |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 8 May 2019. Using an estimated price of £452,577 means this house is valued at £4,480 per sq meter (£416 per sq foot).
The average size of a house on WEDGWOOD WAY is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Copelands |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Copelands |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Macintyres Walk |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorcroft |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doulton Way |