£240,438
This estimated value is based upon the latest sale price for the house of £181,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Elm Road
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £181,000 | 16 Sep 2016 |
| £90,000 | 20 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 September 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £181,000 results in an estimated price of approximately £240,438.
| 16 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £181,000 | £59,438 | £240,438 |
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 | 48.911 % | £88,528 | £269,528 |
| 3 Month Average | 13.827 % | £25,027 | £206,027 |
| 6 Month Average | 30.577 % | £55,344 | £236,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £216,897 | £215,000 | 10 CYGNET COURT SWAN LANE |
| 23 Jan 2023 | £209,015 | £210,000 | FLAT 23 BROADWAY HOUSE STATION AVENUE |
| 27 Sep 2022 | £545,594 | £550,000 | 34A JERSEY GARDENS |
| 17 Aug 2022 | £192,482 | £193,000 | 18A RUNWELL ROAD |
| 22 Jul 2022 | £257,694 | £257,000 | 8 CYGNET COURT SWAN LANE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 15 Sep 2010. Using an estimated price of £240,439 means this house is valued at £4,074 per sq meter (£378 per sq foot).
The average size of a house on SWAN LANE is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Elm Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elm Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |