£273,058
This estimated value is based upon the latest sale price for the house of £171,950 on 3 Jul 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £171,950 | 3 Jul 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 July 2007 the House Price Index for ESSEX was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £171,950 results in an estimated price of approximately £273,058.
| 3 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £171,950 | £101,108 | £273,058 |
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 | 40.386 % | £69,444 | £241,394 |
| 3 Month Average | 62.502 % | £107,472 | £279,422 |
| 6 Month Average | 63.621 % | £109,396 | £281,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £420,679 | £410,000 | 27 LONG MEADOW DRIVE |
| 1 Nov 2023 | £377,072 | £367,500 | 14 LONG MEADOW DRIVE |
| 27 Sep 2023 | £347,664 | £340,000 | 39 LONG MEADOW DRIVE |
| 29 Aug 2023 | £432,806 | £425,000 | 70 SOUTHEND ROAD |
| 8 Aug 2023 | £453,173 | £445,000 | 50 SOUTHEND ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 19 Jun 2019. Using an estimated price of £273,058 means this house is valued at £4,964 per sq meter (£461 per sq foot).
The average size of a house on FRANKLINS WAY is 63 sq meters (686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Franklins Way |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Franklins Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Franklins Way |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Beech Avenue |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Southend Road |