£308,850
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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60 High Street, Wickford, SS12 9AT
Phone: 01268661260
| Price Paid | Date |
|---|---|
| £250,000 | 28 Oct 2019 |
| £170,000 | 22 Jun 2015 |
| £145,000 | 17 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £250,000 results in an estimated price of approximately £308,850.
| 28 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £250,000 | £58,850 | £308,850 |
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 | 8.810 % | £22,024 | £272,024 |
| 3 Month Average | 9.108 % | £22,770 | £272,770 |
| 6 Month Average | 17.802 % | £44,504 | £294,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £329,865 | £327,000 | 37 CEDAR AVENUE |
| 20 Dec 2023 | £319,828 | £310,000 | 28 CHAUCER WALK |
| 30 Jun 2023 | £306,135 | £300,000 | 33 THACKERAY ROW |
| 13 Apr 2023 | £328,647 | £322,500 | 4 CHAUCER WALK |
| 20 Jan 2023 | £343,919 | £343,000 | 51 CEDAR AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Sep 2012. Using an estimated price of £308,850 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on CEDAR AVENUE is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Cedar Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cedar Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Maugham Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Maugham Close |
| Jun 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Maugham Close |