£421,974
This estimated value is based upon the latest sale price for the house of £270,000 on 8 Nov 2007. 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 Mendip Close
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £270,000 | 8 Nov 2007 |
| £80,000 | 2 Apr 2002 |
| £40,000 | 2 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 November 2007 the House Price Index for ESSEX was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £270,000 results in an estimated price of approximately £421,974.
| 8 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £270,000 | £151,974 | £421,974 |
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 | 44.472 % | £120,073 | £390,073 |
| 3 Month Average | 61.141 % | £165,080 | £435,080 |
| 6 Month Average | 53.665 % | £144,895 | £414,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £327,213 | £320,000 | 3 RUSSELL GARDENS |
| 14 Sep 2023 | £501,045 | £490,000 | 7 ST DAVIDS WAY |
| 3 Aug 2023 | £376,796 | £370,000 | UNIT 3 BYRON WORKS RUSSELL GARDENS |
| 25 Jan 2023 | £401,072 | £400,000 | 5 GLEBE ROAD |
| 26 Apr 2022 | £311,227 | £300,000 | 1 BEAZLEY END |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 22 Jun 2015. Using an estimated price of £421,974 means this house is valued at £4,177 per sq meter (£388 per sq foot).
The average size of a house on RUSSELL GARDENS is 82 sq meters (888 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Mendip Close |
| Jun 2024 | Anti-social behaviour | On or near Glebe Road | |
| Jun 2024 | Anti-social behaviour | On or near Glebe Road | |
| Jul 2024 | Public order | Under investigation | On or near Bannister Green |
| May 2024 | Anti-social behaviour | On or near Horkesley Way |