£430,453
This estimated value is based upon the latest sale price for the house of £250,000 on 2 Mar 2012. 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 |
---|---|
£250,000 | 2 Mar 2012 |
£259,500 | 12 May 2005 |
Detached |
Freehold |
Floor Area: 75 sq meters or 808 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 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £250,000 results in an estimated price of approximately £430,453.
2 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £250,000 | £180,453 | £430,453 |
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 | 66.058 % | £165,144 | £415,144 |
3 Month Average | 67.074 % | £167,684 | £417,684 |
6 Month Average | 80.706 % | £201,764 | £451,764 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £565,852 | £553,000 | THE CORNER HOUSE, 1 THORPE CLOSE |
1 Aug 2023 | £366,612 | £360,000 | 34 STEWART PLACE |
7 Oct 2022 | £627,903 | £630,000 | 3 HEDINGHAM DRIVE |
22 Aug 2022 | £430,011 | £428,000 | 41 TWINSTEAD |
1 Jul 2022 | £340,916 | £337,500 | 10 TWINSTEAD |
This house has a floor area of 75 sq meters or 808 sq feet when measured on 12 Aug 2011. Using an estimated price of £430,454 means this house is valued at £5,732 per sq meter (£532 per sq foot).
The average size of a house on HEDINGHAM DRIVE is 89 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Hedingham Drive | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spellbrook Close |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Iona Way |
Apr 2024 | Anti-social behaviour | On or near Stewart Place | |
Apr 2024 | Anti-social behaviour | On or near Stewart Place |