£448,927
This estimated value is based upon the latest sale price for the house of £445,000 on 8 Aug 2023. 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 |
|---|---|
| £445,000 | 8 Aug 2023 |
| £317,500 | 15 Oct 2015 |
| £245,000 | 5 Jul 2011 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2023 the House Price Index for ESSEX was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £445,000 results in an estimated price of approximately £448,927.
| 8 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £445,000 | £3,927 | £448,927 |
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 | -0.031 % | £-137 | £444,862 |
| 3 Month Average | 5.933 % | £26,401 | £471,401 |
| 6 Month Average | 8.293 % | £36,905 | £481,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £373,023 | £367,500 | 14 LONG MEADOW DRIVE |
| 29 Aug 2023 | £428,751 | £425,000 | 70 SOUTHEND ROAD |
| 8 Aug 2023 | £448,927 | £445,000 | 50 SOUTHEND ROAD |
| 10 Mar 2023 | £317,996 | £315,000 | 26 WICK BEECH AVENUE |
| 11 Jul 2022 | £787,119 | £785,000 | 79 SOUTHEND ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 6 Dec 2021. Using an estimated price of £448,927 means this house is valued at £3,741 per sq meter (£347 per sq foot).
The average size of a house on SOUTHEND ROAD is 117 sq meters (1,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Franklins Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near West Beech Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near West Beech Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Beech Avenue |
| Feb 2024 | Public order | Local resolution | On or near West Beech Avenue |