£555,655
This estimated value is based upon the latest sale price for the house of £510,000 on 8 Nov 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 |
|---|---|
| £510,000 | 8 Nov 2021 |
| £440,000 | 23 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £510,000 results in an estimated price of approximately £555,655.
| 8 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £510,000 | £45,655 | £555,655 |
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 | -3.598 % | £-18,351 | £491,648 |
| 3 Month Average | -3.075 % | £-15,682 | £494,317 |
| 6 Month Average | -4.468 % | £-22,788 | £487,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £252,229 | £246,500 | 24 RIVERSIDE PLACE LOWER SOUTHEND ROAD |
| 25 Nov 2022 | £477,766 | £480,000 | 35 SOUTHEND ROAD |
| 19 Aug 2022 | £231,081 | £230,000 | 20 RIVERSIDE PLACE LOWER SOUTHEND ROAD |
| 14 Jul 2022 | £366,674 | £363,000 | 13 SOUTH BEECH AVENUE |
| 14 Apr 2022 | £235,495 | £227,000 | 23 RIVERSIDE PLACE LOWER SOUTHEND ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 25 Jan 2018. Using an estimated price of £555,655 means this house is valued at £4,115 per sq meter (£382 per sq foot).
The average size of a house on SOUTHEND ROAD is 117 sq meters (1,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Southend Road | |
| Jun 2024 | Anti-social behaviour | On or near Southend Road | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southend Road |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Southend Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Beech Avenue |