£597,214
This estimated value is based upon the latest sale price for the house of £365,000 on 11 Oct 2013. 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 |
|---|---|
| £365,000 | 11 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £365,000 results in an estimated price of approximately £597,214.
| 11 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £365,000 | £232,214 | £597,214 |
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 | 6.132 % | £22,381 | £387,381 |
| 3 Month Average | 54.669 % | £199,541 | £564,541 |
| 6 Month Average | 81.188 % | £296,337 | £661,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £272,773 | £268,000 | 6A HILLWOOD GROVE |
| 6 Apr 2023 | £331,065 | £327,500 | 38 WICK LANE |
| 13 Feb 2023 | £331,277 | £331,500 | 61 WICK LANE |
| 10 Feb 2023 | £179,879 | £180,000 | FLAT 3 COMPTON COURT COMPTON TERRACE |
| 16 Jan 2023 | £343,382 | £345,000 | 28 THE DELL |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 29 Nov 2012. Using an estimated price of £597,215 means this house is valued at £4,895 per sq meter (£454 per sq foot).
The average size of a house on WICK LANE is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Dell |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near The Dell |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nayland Close |
| Mar 2024 | Burglary | Under investigation | On or near West Beech Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near West Beech Close |