£582,847
This estimated value is based upon the latest sale price for the house of £118,500 on 27 Nov 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Franklins Way
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £118,500 | 27 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 November 1997 the House Price Index for ESSEX was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £118,500 results in an estimated price of approximately £582,847.
| 27 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £118,500 | £464,347 | £582,847 |
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 | 255.152 % | £302,354 | £420,854 |
| 3 Month Average | 370.755 % | £439,344 | £557,844 |
| 6 Month Average | 451.176 % | £534,643 | £653,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £416,161 | £410,000 | 27 LONG MEADOW DRIVE |
| 1 Nov 2023 | £373,023 | £367,500 | 14 LONG MEADOW DRIVE |
| 27 Sep 2023 | £344,404 | £340,000 | 39 LONG MEADOW DRIVE |
| 29 Aug 2023 | £428,751 | £425,000 | 70 SOUTHEND ROAD |
| 8 Aug 2023 | £448,927 | £445,000 | 50 SOUTHEND ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 22 Nov 2017. Using an estimated price of £582,848 means this house is valued at £6,857 per sq meter (£637 per sq foot).
The average size of a house on LONG MEADOW DRIVE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Franklins Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklins Way |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Franklins Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklins Way |
| Feb 2024 | Drugs | Local resolution | On or near Meadow Court |