£585,049
This estimated value is based upon the latest sale price for the house of £450,000 on 24 Feb 2017. 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 |
|---|---|
| £450,000 | 24 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 February 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £450,000 results in an estimated price of approximately £585,049.
| 24 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £450,000 | £135,049 | £585,049 |
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 | 60.252 % | £271,134 | £721,134 |
| 3 Month Average | 0.190 % | £853 | £450,853 |
| 6 Month Average | 23.018 % | £103,583 | £553,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £546,994 | £540,000 | 69 FANTON CHASE |
| 11 Aug 2023 | £368,221 | £365,000 | 12 THIRD AVENUE |
| 16 Jun 2023 | £723,767 | £715,000 | 11 WAKES COLNE |
| 2 Jun 2023 | £1,012 | £1,000 | 79 FANTON CHASE |
| 20 Apr 2023 | £454,898 | £450,000 | 8 DUXFORD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 25 Nov 2016. Using an estimated price of £585,049 means this house is valued at £4,718 per sq meter (£438 per sq foot).
The average size of a house on WAKES COLNE is 173 sq meters (1,864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodberry Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kenley Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathercroft Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heathercroft Road |
| Jan 2024 | Anti-social behaviour | On or near Heathercroft Road |