£327,098
This estimated value is based upon the latest sale price for the house of £285,000 on 11 Dec 2020. 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
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £285,000 | 11 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 50 sq meters or 547 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £285,000 results in an estimated price of approximately £327,098.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £285,000 | £42,098 | £327,098 |
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 | -38.288 % | £-109,119 | £175,880 |
| 3 Month Average | -6.851 % | £-19,526 | £265,473 |
| 6 Month Average | 15.795 % | £45,014 | £330,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £428,746 | £424,995 | 30 MONARCH CLOSE |
| 29 Jun 2023 | £313,801 | £310,000 | 10 SPINNEY CLOSE |
| 21 Apr 2023 | £313,374 | £310,000 | 5 SPINNEY CLOSE |
| 11 Apr 2023 | £399,299 | £395,000 | 14 MONARCH CLOSE |
| 20 Jan 2023 | £457,843 | £460,000 | 11 VISTA ROAD |
This house has a floor area of 50 sq meters or 547 sq feet when measured on 24 Feb 2011. Using an estimated price of £327,098 means this house is valued at £6,428 per sq meter (£597 per sq foot).
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 |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Charters Court |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Charters Court |