£587,570
This estimated value is based upon the latest sale price for the house of £435,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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60 High Street, Wickford, SS12 9AT
Phone: 01268661260
| Price Paid | Date |
|---|---|
| £435,000 | 30 Mar 2016 |
| £128,000 | 18 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 198 sq meters or 2,131 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £435,000 results in an estimated price of approximately £587,570.
| 30 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £435,000 | £152,570 | £587,570 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 43.509 % | £189,262 | £624,262 |
| 3 Month Average | 35.527 % | £154,544 | £589,544 |
| 6 Month Average | 43.382 % | £188,712 | £623,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £487,213 | £480,000 | 34 PRINCE WILLIAM AVENUE |
| 9 Nov 2023 | £543,040 | £535,000 | 2 GEORGE CLOSE |
| 2 Dec 2021 | £503,762 | £470,200 | 36 PRINCE WILLIAM AVENUE |
| 1 Jul 2021 | £488,438 | £425,000 | 4 PRINCE WILLIAM AVENUE |
| 28 Jun 2021 | £410,394 | £382,500 | 11 LEKOE ROAD |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 12 Oct 2015. Using an estimated price of £587,571 means this house is valued at £2,967 per sq meter (£275 per sq foot).
The average size of a house on GEORGE CLOSE is 191 sq meters (2,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Somnes Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Somnes Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Somnes Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Somnes Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somnes Avenue |