£578,543
This estimated value is based upon the latest sale price for the house of £540,000 on 13 Dec 2021. 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 |
---|---|
£540,000 | 13 Dec 2021 |
£335,000 | 18 Apr 2017 |
Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £540,000 results in an estimated price of approximately £578,543.
13 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £540,000 | £38,543 | £578,543 |
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 | 1.954 % | £10,552 | £550,552 |
3 Month Average | -9.166 % | £-49,499 | £490,500 |
6 Month Average | 4.097 % | £22,121 | £562,121 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £334,274 | £330,000 | 48 DOESHILL DRIVE |
10 Mar 2023 | £317,996 | £315,000 | 26 WICK BEECH AVENUE |
17 Feb 2023 | £319,785 | £320,000 | 32 WEST BEECH AVENUE |
9 Sep 2022 | £505,915 | £510,000 | 34 DOESHILL DRIVE |
2 Sep 2022 | £304,541 | £307,000 | 8 DOESHILL DRIVE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 7 Jul 2021. Using an estimated price of £578,544 means this house is valued at £4,703 per sq meter (£436 per sq foot).
The average size of a house on WICK BEECH AVENUE is 155 sq meters (1,674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Under investigation | On or near West Beech Avenue |