£504,203
This estimated value is based upon the latest sale price for the house of £295,000 on 30 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 |
|---|---|
| £295,000 | 30 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,276 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 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £295,000 results in an estimated price of approximately £504,203.
| 30 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £295,000 | £209,203 | £504,203 |
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 | 24.671 % | £72,780 | £367,780 |
| 3 Month Average | 70.194 % | £207,071 | £502,071 |
| 6 Month Average | 97.541 % | £287,744 | £582,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £608,186 | £600,000 | 57 BROCK HILL |
| 5 Apr 2023 | £368,973 | £365,000 | 6 CARLTON ROAD |
| 27 Oct 2022 | £571,348 | £577,500 | 37 CARLTON ROAD |
| 26 Oct 2022 | £420,473 | £425,000 | 23 LINDON ROAD |
| 5 Aug 2022 | £398,926 | £400,000 | 46 GRANGE ROAD |
This house has a floor area of 118 sq meters or 1,276 sq feet when measured on 4 Mar 2011. Using an estimated price of £504,203 means this house is valued at £4,250 per sq meter (£394 per sq foot).
The average size of a house on DOWNHAM ROAD is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grange Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brock Hill |