£491,357
This estimated value is based upon the latest sale price for the house of £400,000 on 19 Jul 2019. 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 |
|---|---|
| £400,000 | 19 Jul 2019 |
| £379,995 | 30 Jun 2016 |
| £280,000 | 8 Oct 2012 |
| £280,000 | 8 Oct 2012 |
| £270,000 | 12 Apr 2007 |
| £149,995 | 4 May 2001 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 July 2019 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £400,000 results in an estimated price of approximately £491,357.
| 19 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £400,000 | £91,357 | £491,357 |
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 | 27.212 % | £108,849 | £508,849 |
| 3 Month Average | 0.879 % | £3,515 | £403,515 |
| 6 Month Average | 7.404 % | £29,615 | £429,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £372,264 | £370,000 | UNIT 3 BYRON WORKS RUSSELL GARDENS |
| 27 Jul 2023 | £381,610 | £378,000 | 25 RECTORY GROVE |
| 25 Jan 2023 | £396,517 | £400,000 | 5 GLEBE ROAD |
| 20 Jan 2023 | £455,995 | £460,000 | 11 VISTA ROAD |
| 12 Jul 2022 | £474,359 | £475,000 | 32 JACKS CLOSE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 28 Sep 2015. Using an estimated price of £491,358 means this house is valued at £3,994 per sq meter (£371 per sq foot).
The average size of a house on RECTORY GROVE is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Mendip Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robert Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Robert Way |