£375,893
This estimated value is based upon the latest sale price for the house of £287,000 on 24 Feb 2017. 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 |
|---|---|
| £287,000 | 24 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 February 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £287,000 results in an estimated price of approximately £375,893.
| 24 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £287,000 | £88,893 | £375,893 |
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 | 21.051 % | £60,416 | £347,416 |
| 3 Month Average | 6.339 % | £18,192 | £305,192 |
| 6 Month Average | 14.508 % | £41,638 | £328,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £552,172 | £540,000 | 69 FANTON CHASE |
| 11 Aug 2023 | £371,704 | £365,000 | 12 THIRD AVENUE |
| 24 Feb 2023 | £369,971 | £367,500 | 8 SECOND AVENUE |
| 27 Oct 2022 | £458,469 | £460,000 | 40 THIRD AVENUE |
| 22 Jul 2022 | £206,065 | £204,000 | 54 BRUCE GROVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Aug 2016. Using an estimated price of £375,894 means this house is valued at £5,369 per sq meter (£498 per sq foot).
The average size of a house on THIRD AVENUE is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near First Avenue |
| Apr 2024 | Anti-social behaviour | On or near Beedell Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Beedell Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Beedell Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Beedell Avenue |