£266,162
This estimated value is based upon the latest sale price for the house of £157,000 on 12 Jul 2012. 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 |
|---|---|
| £157,000 | 12 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 869 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 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.531%.Applying this 69.531% change to the original purchase price of £157,000 results in an estimated price of approximately £266,162.
| 12 Jul 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.0 | 69.531 % | £157,000 | £109,162 | £266,162 |
The Postcode Pricing Model uses changes in average sales price within the SS12 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 | 70.352 % | £110,451 | £267,451 |
| 3 Month Average | 94.675 % | £148,639 | £305,639 |
| 6 Month Average | 76.668 % | £120,368 | £277,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £173,278 | £170,000 | 18 BROOK DRIVE |
| 4 Jul 2023 | £191,814 | £190,000 | 24 EVERGREEN COURT |
| 24 Apr 2023 | £329,952 | £327,500 | 8A BROOK DRIVE |
| 16 Jan 2023 | £176,450 | £178,000 | 32 BROOK DRIVE |
| 12 Sep 2022 | £355,674 | £360,000 | 149 NEVENDON ROAD |
This house has a floor area of 80 sq meters or 869 sq feet when measured on 19 Mar 2012. Using an estimated price of £266,163 means this house is valued at £3,293 per sq meter (£305 per sq foot).
The average size of a house on NEVENDON ROAD is 115 sq meters (1,238 sq feet).