£390,838
This estimated value is based upon the latest sale price for the house of £320,000 on 11 Oct 2019. 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 |
|---|---|
| £320,000 | 11 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £320,000 results in an estimated price of approximately £390,838.
| 11 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £320,000 | £70,838 | £390,838 |
The Postcode Pricing Model uses changes in average sales price within the SS7 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 | 4.438 % | £14,202 | £334,202 |
| 3 Month Average | -0.107 % | £-341 | £319,658 |
| 6 Month Average | 9.484 % | £30,349 | £350,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £386,658 | £383,000 | 26 CUMBERLAND AVENUE |
| 3 Feb 2023 | £426,483 | £428,500 | 5 WINCOAT DRIVE |
| 20 Jan 2023 | £520,429 | £525,000 | 24A WINCOAT DRIVE |
| 22 Aug 2022 | £600,940 | £605,000 | 431 HIGH ROAD |
| 28 Jan 2022 | £262,040 | £250,000 | FLAT C 429 HIGH ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Sep 2017. Using an estimated price of £390,839 means this house is valued at £4,202 per sq meter (£390 per sq foot).
The average size of a house on CUMBERLAND AVENUE is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wincoat Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wincoat Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wincoat Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm View Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm View Road |