£429,080
This estimated value is based upon the latest sale price for the house of £340,000 on 4 Oct 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 |
|---|---|
| £340,000 | 4 Oct 2017 |
| £159,000 | 19 Apr 2002 |
| £62,000 | 23 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £340,000 results in an estimated price of approximately £429,080.
| 4 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £340,000 | £89,080 | £429,080 |
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 | -26.225 % | £-89,163 | £250,836 |
| 3 Month Average | 1.369 % | £4,656 | £344,656 |
| 6 Month Average | 29.009 % | £98,629 | £438,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £385,710 | £380,000 | 12 LONGFIELD CLOSE |
| 10 Nov 2023 | £390,786 | £385,000 | 54 LUCERNE WALK |
| 18 Aug 2022 | £388,953 | £390,000 | 2 LUCERNE WALK |
| 22 Jul 2022 | £204,551 | £204,000 | 54 BRUCE GROVE |
| 26 Apr 2022 | £370,934 | £360,200 | 71 LUCERNE WALK |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 26 Aug 2017. Using an estimated price of £429,080 means this house is valued at £4,663 per sq meter (£433 per sq foot).
The average size of a house on LUCERNE WALK is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lucerne Walk |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lucerne Walk |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lucerne Walk |
| Mar 2024 | Public order | Under investigation | On or near First Avenue |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near First Avenue |