£414,840
This estimated value is based upon the latest sale price for the house of £240,000 on 25 Aug 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 |
|---|---|
| £240,000 | 25 Aug 2011 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 August 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 72.850%.Applying this 72.850% change to the original purchase price of £240,000 results in an estimated price of approximately £414,840.
| 25 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £240,000 | £174,840 | £414,840 |
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 | 130.143 % | £312,344 | £552,344 |
| 3 Month Average | 70.008 % | £168,018 | £408,018 |
| 6 Month Average | 85.624 % | £205,497 | £445,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £506,821 | £500,000 | 11 FANTON WALK |
| 22 Jul 2022 | £323,370 | £322,500 | 3 STANMORE ROAD |
| 24 Sep 2021 | £490,305 | £455,000 | 7 BLAKE HALL DRIVE |
| 14 Jun 2021 | £313,830 | £292,500 | 1 STANMORE ROAD |
| 18 Dec 2020 | £550,902 | £480,000 | 49 BLAKE HALL DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Feb 2019. Using an estimated price of £414,841 means this house is valued at £5,605 per sq meter (£520 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fanton Gardens |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Fanton Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fanton Gardens |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Honington Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Honington Close |