£250,653
This estimated value is based upon the latest sale price for the house of £53,000 on 30 Jun 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £53,000 | 30 Jun 1998 |
| £41,125 | 6 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 675 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 June 1998 the House Price Index for ESSEX was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £53,000 results in an estimated price of approximately £250,653.
| 30 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 149.7 | 372.931 % | £53,000 | £197,653 | £250,653 |
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 | 412.977 % | £218,877 | £271,877 |
| 3 Month Average | 394.097 % | £208,871 | £261,871 |
| 6 Month Average | 379.352 % | £201,056 | £254,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £367,667 | £358,334 | 25 JERSEY GARDENS |
| 31 Oct 2023 | £219,997 | £215,000 | 6 CYGNET COURT SWAN LANE |
| 25 Aug 2023 | £218,949 | £215,000 | 10 CYGNET COURT SWAN LANE |
| 17 Feb 2023 | £334,736 | £332,500 | 9 JERSEY GARDENS |
| 23 Jan 2023 | £210,563 | £210,000 | FLAT 23 BROADWAY HOUSE STATION AVENUE |
This house has a floor area of 62 sq meters or 675 sq feet when measured on 1 Nov 2008. Using an estimated price of £250,654 means this house is valued at £3,991 per sq meter (£370 per sq foot).
The average size of a house on ELM ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Elm Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Elm Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Elm Road |
| Oct 2024 | Burglary | Under investigation | On or near The Broadway |