£311,000
This estimated value is based upon the latest sale price for the house of £180,000 on 6 Sep 2011. 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 |
---|---|
£180,000 | 6 Sep 2011 |
£75,995 | 12 Feb 1997 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 626 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 September 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £180,000 results in an estimated price of approximately £311,000.
6 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £180,000 | £131,000 | £311,000 |
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 | 102.116 % | £183,808 | £363,808 |
3 Month Average | 69.323 % | £124,780 | £304,780 |
6 Month Average | 82.147 % | £147,864 | £327,864 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £428,746 | £424,995 | 30 MONARCH CLOSE |
27 Jul 2023 | £383,157 | £378,000 | 25 RECTORY GROVE |
20 Jan 2023 | £457,843 | £460,000 | 11 VISTA ROAD |
12 Jul 2022 | £476,282 | £475,000 | 32 JACKS CLOSE |
16 Feb 2022 | £335,582 | £320,000 | 19 RECTORY GROVE |
This house has a floor area of 58 sq meters or 626 sq feet when measured on 6 Oct 2010. Using an estimated price of £311,000 means this house is valued at £5,341 per sq meter (£496 per sq foot).
The average size of a house on JACKS CLOSE is 110 sq meters (1,193 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (626 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Grove |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Spinney Close |