£207,054
This estimated value is based upon the latest sale price for the house of £188,000 on 6 Aug 2021. 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 Spinney Close
More crime details
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £188,000 | 6 Aug 2021 |
| £171,000 | 11 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 August 2021 the House Price Index for ESSEX was 133.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 10.135%.Applying this 10.135% change to the original purchase price of £188,000 results in an estimated price of approximately £207,054.
| 6 Aug 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 146.7 | 10.135 % | £188,000 | £19,054 | £207,054 |
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 | -15.837 % | £-29,772 | £158,227 |
| 3 Month Average | -4.763 % | £-8,955 | £179,044 |
| 6 Month Average | 14.674 % | £27,586 | £215,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £493,814 | £487,500 | 27 HILL AVENUE |
| 15 Aug 2023 | £428,746 | £424,995 | 30 MONARCH CLOSE |
| 29 Jun 2023 | £313,801 | £310,000 | 10 SPINNEY CLOSE |
| 13 Apr 2023 | £576,204 | £570,000 | 75 HILL AVENUE |
| 11 Apr 2023 | £399,299 | £395,000 | 14 MONARCH CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 20 Jul 2020.
The average size of a house on SOUTHEND ROAD is 117 sq meters (1,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Spinney Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Highcliffe Way |