£297,120
This estimated value is based upon the latest sale price for the house of £175,000 on 31 Oct 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 |
|---|---|
| £175,000 | 31 Oct 2012 |
| £52,950 | 9 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2012 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £175,000 results in an estimated price of approximately £297,120.
| 31 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £175,000 | £122,120 | £297,120 |
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 | 6.986 % | £12,225 | £187,225 |
| 3 Month Average | 47.496 % | £83,118 | £258,118 |
| 6 Month Average | 71.350 % | £124,862 | £299,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £385,710 | £380,000 | 12 LONGFIELD CLOSE |
| 18 Aug 2023 | £388,398 | £385,000 | 13 SANDOWN ROAD |
| 31 Mar 2023 | £331,120 | £328,000 | 29 SANDOWN ROAD |
| 1 Feb 2023 | £334,775 | £335,000 | 4 LONGFIELD ROAD |
| 22 Jul 2022 | £204,551 | £204,000 | 54 BRUCE GROVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 10 May 2012. Using an estimated price of £297,120 means this house is valued at £3,668 per sq meter (£340 per sq foot).
The average size of a house on LONGFIELD ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lucerne Walk |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lucerne Walk |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lucerne Walk |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alicia Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Alicia Close |