£522,698
This estimated value is based upon the latest sale price for the house of £425,000 on 10 Sep 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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10 High Street, Wickford, SS12 9AZ
Phone: 01268810740
| Price Paid | Date |
|---|---|
| £425,000 | 10 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 September 2018 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £425,000 results in an estimated price of approximately £522,698.
| 10 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £425,000 | £97,698 | £522,698 |
The Postcode Pricing Model uses changes in average sales price within the SS12 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 | 1.975 % | £8,392 | £433,392 |
| 3 Month Average | 46.120 % | £196,011 | £621,011 |
| 6 Month Average | 7.790 % | £33,106 | £458,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £363,951 | £361,000 | 31 RODING WAY |
| 2 Sep 2022 | £303,311 | £307,000 | 8 DOESHILL DRIVE |
| 13 Jul 2022 | £374,494 | £375,000 | 35 RODING WAY |
| 19 May 2022 | £385,734 | £380,000 | 20 RODING WAY |
| 14 Apr 2022 | £333,333 | £325,000 | 5 RODING WAY |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 31 Jan 2017. Using an estimated price of £522,699 means this house is valued at £4,319 per sq meter (£401 per sq foot).
The average size of a house on HEYBRIDGE DRIVE is 94 sq meters (1,018 sq feet).