£425,611
This estimated value is based upon the latest sale price for the house of £270,000 on 5 Jul 2007. 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 Mercury Close
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £270,000 | 5 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2007 the House Price Index for ESSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £270,000 results in an estimated price of approximately £425,611.
| 5 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £270,000 | £155,611 | £425,611 |
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 | 85.849 % | £231,793 | £501,793 |
| 3 Month Average | 53.106 % | £143,385 | £413,385 |
| 6 Month Average | 75.782 % | £204,610 | £474,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £287,515 | £285,000 | 6 REDGATE CLOSE |
| 18 Jul 2023 | £299,025 | £295,000 | 102 HILL AVENUE |
| 21 Jun 2023 | £371,500 | £367,000 | 197 BEAUCHAMPS DRIVE |
| 9 Aug 2022 | £244,342 | £245,000 | 228 BEAUCHAMPS DRIVE |
| 17 Jun 2022 | £436,164 | £430,000 | 188 BEAUCHAMPS DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 16 Nov 2014. Using an estimated price of £425,612 means this house is valued at £4,576 per sq meter (£425 per sq foot).
The average size of a house on BEAUCHAMPS DRIVE is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Apr 2024 | Anti-social behaviour | On or near Whist Avenue | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Belchamps Road |