£299,361
This estimated value is based upon the latest sale price for the house of £220,000 on 11 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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10 High Street, Wickford, SS12 9AZ
Phone: 01268810740
| Price Paid | Date |
|---|---|
| £220,000 | 11 Mar 2016 |
| Terraced |
| Freehold |
| 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £220,000 results in an estimated price of approximately £299,361.
| 11 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £220,000 | £79,361 | £299,361 |
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 | 30.932 % | £68,050 | £288,050 |
| 3 Month Average | 23.575 % | £51,865 | £271,865 |
| 6 Month Average | 34.237 % | £75,321 | £295,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £480,594 | £470,000 | 6 HEYBRIDGE DRIVE |
| 1 Jun 2023 | £368,382 | £361,000 | 31 RODING WAY |
| 13 Jul 2022 | £378,796 | £375,000 | 35 RODING WAY |
| 19 May 2022 | £390,165 | £380,000 | 20 RODING WAY |
| 14 Apr 2022 | £337,162 | £325,000 | 5 RODING WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 26 Oct 2015. Using an estimated price of £299,362 means this house is valued at £5,073 per sq meter (£471 per sq foot).
The average size of a house on RODING WAY is 69 sq meters (743 sq feet).