£550,543
This estimated value is based upon the latest sale price for the house of £375,000 on 31 Mar 2015. 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 |
|---|---|
| £375,000 | 31 Mar 2015 |
| £183,000 | 31 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 2015 the House Price Index for ESSEX was 100.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 46.812%.Applying this 46.812% change to the original purchase price of £375,000 results in an estimated price of approximately £550,543.
| 31 Mar 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.0 | 46.812 % | £375,000 | £175,543 | £550,543 |
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 | 25.042 % | £93,907 | £468,907 |
| 3 Month Average | 98.382 % | £368,932 | £743,932 |
| 6 Month Average | 39.331 % | £147,492 | £522,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £327,000 | £327,000 | 37 CEDAR AVENUE |
| 20 Dec 2023 | £173,278 | £170,000 | 18 BROOK DRIVE |
| 30 Jun 2023 | £302,452 | £300,000 | 33 THACKERAY ROW |
| 24 Apr 2023 | £329,952 | £327,500 | 8A BROOK DRIVE |
| 10 Feb 2023 | £328,447 | £330,000 | 3 BLYTON CLOSE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 17 Jun 2014. Using an estimated price of £550,543 means this house is valued at £4,334 per sq meter (£402 per sq foot).
The average size of a house on CEDAR AVENUE is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brook Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blyton Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Drive |